SRS Finance Limited announced unaudited standalone earnings results for the second quarter and six months ended September 30, 2014. For the quarter, the company reported net sales/income from operations of INR 79.899 million compared to INR 109.821 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 65.982 million against INR 22.177 million a year ago. Profit from ordinary activities before tax was INR 24.575 million against INR 1.435 million a year ago. Net profit for the period was INR 17.197 million or INR 0.17 per basic and diluted share before and after extraordinary items against INR 1.064 million or INR 0.01 per basic and diluted share before and after extraordinary items a year ago.

For the six months, the company reported net sales/income from operations of INR 187.199 million compared to INR 202.040 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 135.913 million against INR 40.237 million a year ago. Profit from ordinary activities before tax was INR 57.107 million against INR 1.888 million a year ago. Net profit for the period was INR 39.268 million or INR 0.40 per basic and diluted share before and after extraordinary items against INR 1.546 million or INR 0.02 per basic and diluted share before and after extraordinary items a year ago.