Surana Industries Limited announced unaudited standalone earnings results for the second quarter and half year ended September 30, 2013. For the quarter, the company reported net sales/income from operations of INR 1,701.035 million against INR 4,079.517 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 187.570 million against profit from operations before other income, finance costs and exceptional items of INR 436.286 million a year ago. Loss from ordinary activities before tax was INR 441.343 million against profit from ordinary activities before tax of INR 162.083 million a year ago. Net loss for the period was INR 286.648 million or INR 6.44 per diluted share against net profit for the period of INR 69.569 million or INR 1.56 per diluted share a year ago.

For the half year, the company reported net sales/income from operations of INR 3,250.032 million against INR 7,491.620 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 270.461 million against profit from operations before other income, finance costs and exceptional items of INR 789.904 million a year ago. Loss from ordinary activities before tax was INR 779.562 million against profit from ordinary activities before tax of INR 243.380 million a year ago. Net loss for the period was INR 515.501 million or INR 11.58 per diluted share against net profit for the period of INR 152.188 million or INR 3.42 per diluted share a year ago.