Surana Industries Limited announced unaudited standalone earnings results for the second quarter and half year ended September 30, 2014. For the quarter, the company reported net sales/income from operations of INR 942.914 million against INR 1,701.035 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 434.396 million against INR 187.571 million a year ago. Loss from ordinary activities before tax was INR 830.361 million against INR 441,343 million a year ago. Net loss for the period was INR 1,242.216 million or INR 27.91 per diluted share against INR 286.648 million or INR 6.44 per diluted share a year ago.

For the half year, the company reported net sales/income from operations of INR 1,850.374 million against INR 3,250.032 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 503.735 million against INR 270.461 million a year ago. Loss from ordinary activities before tax was INR 1,011.718 million against INR 779.562 million a year ago. Net loss for the period was INR 1,350.283 million or INR 30.33 per diluted share against INR 515.501 million or INR 11.58 per diluted share a year ago.