Gujarat NRE Coke Ltd. announced unaudited standalone earnings results for the fourth quarter and audited standalone and consolidated earnings results for the year ended March 31, 2015. On standalone basis, for the quarter, the company reported net sales/income from operations (net of excise duty) of INR 1,107.0 million against INR 894.4 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 340.0 million against INR 3,739.3 million a year ago. Loss from ordinary activities before tax was INR 1,217.6 million against INR 3,062.5 million a year ago. Net loss for the period was INR 627.9 million or INR 1.19 per diluted share before and after extraordinary items against net loss for the period of INR 1,965.7 million or INR 3.16 per diluted share before and after extraordinary items a year ago.

For the year, the company reported net sales/income from operations (net of excise duty) of INR 8,789.4 million against INR 9,323.8 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 2,027.9 million against INR 7,737.9 million a year ago. Loss from ordinary activities before tax was INR 4,278.4 million against INR 8,343.9 million a year ago. Net loss for the period was INR 3,217.4 million or INR 4.66 per diluted share before and after extraordinary items against net loss for the period of INR 5,608.0 million or INR 5.78 per diluted share before and after extraordinary items a year ago.

On consolidated basis, for the year, the company reported net sales/income from operations (net of excise duty) of INR 8,789.4 million against INR 9,323.8 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 2,028.0 million against INR 7,718.3 million a year ago. Loss from ordinary activities before tax was INR 4,258.9 million against INR 7,639.6 million a year ago. Net loss for the period was INR 3,197.9 million or INR 5.31 per diluted share before and after extraordinary items against net loss for the period of INR 4,903.7 million or INR 8.42 per diluted share before and after extraordinary items a year ago.