ANG Industries Ltd. reported unaudited consolidated and standalone earnings results for the second quarter and half year ended September 30, 2016. For the quarter, on consolidated basis, the company reported net sales/income from operations of INR 211.663 million compared to INR 520.062 million a year ago. Loss after interest but before exceptional items & tax of INR 282.886 million against profit after interest but before exceptional items & tax of INR 18.635 million a year ago. Loss before tax of INR 282.886 million against profit before tax of INR 18.635 million a year ago. Net loss of INR 282.886 million or INR 10.99 basic and diluted per share against net profit of INR 18.635 million or INR 4.63 basic and diluted per share for the same period of last year. For the six months, on consolidated basis, the company reported net sales/income from operations of INR 394.435 million compared to INR 928.169 million a year ago. Loss after interest but before exceptional items & tax of INR 748.514 million against profit after interest but before exceptional items & tax of INR 28.896 million a year ago. Loss before tax of INR 724.870 million against profit before tax of INR 28.896 million a year ago. Net loss of INR 18.635 million or INR 0.00 basic and diluted per share against net profit of INR 28.896 million or INR 3.59 basic and diluted per share for the same period of last year. For the quarter, on standalone basis, the company reported net sales/income from operations of INR 211.627 million compared to INR 501.276 million a year ago. Loss after interest but before exceptional items & tax of INR 278.689 million against profit after interest but before exceptional items & tax of INR 18.465 million a year ago. Loss before tax of INR 278.689 million against INR 18.465 million a year ago. Net loss of INR 278.689 million or INR 0.00 basic and diluted per share against net profit of INR 18.465 million or INR 4.59 basic and diluted per share for the same period of last year. For the six months, on standalone basis, the company reported net sales/income from operations of INR 395.133 million compared to INR 905.791 million a year ago. Loss after interest but before exceptional items & tax of INR 740.875 million against profit after interest but before exceptional items & tax of INR 27.857 million a year ago. Loss before tax of INR 717.231 million against profit of INR 27.857 million a year ago. Net loss of INR 717.231 million or INR 0.00 basic and diluted per share against net profit of INR 27.857 million or INR 3.46 basic and diluted per share for the same period of last year.