Tara Jewels Limited reported unaudited standalone earnings results for the second quarter and six months ended September 30, 2016. For the quarter, the company reported net sales were INR 2,656.611 million against INR 3,021.082 million a year ago. Profit from operation before other income, finance cost and exceptional item was INR 193.082 million against INR 216.635 million a year ago. Profit before tax was INR 9.695 million against INR 68.979 million a year ago. Net profit for the period was INR 6.389 million or INR 0.26 per basic and diluted share against INR 42.798 million or INR 1.74 per basic and diluted share a year ago. For the six months, the company reported net sales were INR 5,271.762 million against INR 5,370.358 million a year ago. Profit from operation before other income, finance cost and exceptional item was INR 301.910 million against INR 409.039 million a year ago. Loss before tax was INR 54.765 million against profit before tax of INR 121.367 million a year ago. Net loss for the period was INR 75.235 million or INR 1.72 per basic and diluted share against net profit for the period of INR 75.235 million or INR 3.06 per basic and diluted share a year ago.