Thiru Arooran Sugars Ltd. announced audited consolidated and standalone earnings results for the fourth quarter and year ended March 31, 2014. For the quarter, on standalone basis, the company reported net sales/income from operations of INR 635.715 million compared to INR 793.357 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 222.673 million compared to INR 195.129 million a year ago. Profit from ordinary activities before tax was INR 55.991 million compared to INR 122.308 million a year ago. Net profit for the period was INR 44.475 million compared to INR 78.353 million a year ago. Basic and diluted LPS before and after extraordinary items was INR 3.93 compared to INR 6.92 a year ago.

For the year, on standalone basis, the company reported net sales/income from operations of INR 1,925.149 million compared to INR 3,355.645 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 210.874 million compared to INR 233.858 million a year ago. Loss from ordinary activities before tax was INR 247.464 million compared to profit of INR 47.591 million a year ago. Net loss for the period was INR 159.552 million compared to profit of INR 23.942 million a year ago. Basic and diluted LPS before and after extraordinary items was INR 14.10 compared to earnings per share of INR 2.12 a year ago.

For the year, on consolidated basis, the company reported net sales/income from operations of INR 2,065.263 million compared to INR 3,605.722 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 253.402 million compared to INR 295.464 million a year ago. Loss from ordinary activities before tax was INR 231.204 million compared to profit of INR 95.495 million a year ago. Net loss for the period was INR 144.454 million compared to profit of INR 51.209 million a year ago. Basic and diluted LPS before and after extraordinary items was INR 12.92 compared to earnings per share of INR 4.00 a year ago.