Magnanimous Trade & Finance Ltd. announced unaudited standalone earnings results for the first quarter ended June 30, 2015. For the quarter, the company's loss from operations before other income, finance cost and exceptional items was INR 0.732 million compared with INR 0.574 million a year ago. Profit from ordinary activities before tax was INR 0.089 million compared with INR 0.071 million a year ago.

Net profit was INR 0.045 million or INR 0.05 per basic and diluted share before and after extraordinary items compared with INR 0.049 million or INR 0.05 per basic and diluted share before and after extraordinary items a year ago.