Surana Industries Ltd. reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2013. For the quarter, net sales /income from operations was INR 1,056.906 million compared to INR 2,713.730 million a year ago. Loss from operations before other income finance cost and exceptional items was INR 157.651 million compared to profit from operations before other income finance cost and exceptional items of INR 3.060 million a year ago. Loss from ordinary activities before tax was INR 574.853 million against profit from ordinary activities before tax of INR 40.088 million a year ago. Net loss was INR 362.216 million or INR 8.14 per basic and diluted share after extraordinary items compared to net profit of INR 26.161 million or INR 0.59 per diluted share after extraordinary items a year ago.

For the nine moths, net sales /income from operations was INR 4,306.938 million compared to INR 10,205.350 million a year ago. Loss from operations before other income finance cost and exceptional items was INR 428.112 million compared to profit from operations before other income finance cost and exceptional items of INR 1,071.420 million a year ago. Loss from ordinary activities before tax was INR 1,354.415 million against profit from ordinary activities before tax of INR 283.468 million a year ago. Net loss was INR 877.717 million or INR 19.72 per basic and diluted share after extraordinary items compared to net profit of INR 178.349 million or INR 4.01 per basic and diluted share after extraordinary items a year ago.