Asahi Industries Limited announced unaudited standalone earnings results for the first quarter ended June 30, 2016. For the quarter, net sales were INR 743.674 million against INR 772.925 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 18.751 million against profit from operations before other income, finance costs and exceptional items of INR 11.887 million a year ago. Loss from ordinary activities before finance costs was INR 18.751 million against profit from ordinary activities before finance costs of INR 12.755 million a year ago. Net loss was INR 23.051 million or INR 0.35 per basic share against profit of INR 9.386 million or INR 0.14 per basic share a year ago.