Surana Industries Limited announced unaudited standalone earnings results for the first quarter June 30, 2014. For the quarter, the company reported net sales or income from operations of INR 907.460 million compared with INR 1,548.997 million for the same period a year ago. Loss from operations before other income, finance costs & exceptional items was INR 69.340 million compared with INR 82.890 million for the same period a year ago.

Loss from ordinary activities before tax was INR 181.358 million compared with INR 338.219 million for the same period a year ago. Net loss was INR 108.068 million or INR 2.43 per basic and diluted share compared with INR 228.853 million or INR 5.14 per basic and diluted share for the same period a year ago.