De Nora India Limited announced audited earnings results for the fourth quarter and full year ended December 31, 2013. For the quarter, the company reported net sales of INR 70.208 million compared with INR 180.367 million for the same period a year ago. Loss from operation before other income, finance cost and exceptional items was INR 0.864 million compared with profit from operation before other income, finance cost and exceptional items of INR 33.704 million for the same period a year ago. Profit from ordinary activities before tax was INR 1.273 million compared with INR 40.214 million for the same period a year ago. Net profit was INR 0.645 million or INR 0.12 per basic and diluted share compared with INR 29.085 million or INR 5.48 per basic and diluted share for the same period a year ago.

For the full year, the company reported net sales of INR 362.198 million compared with INR 640.737 million for the same period a year ago. Profit from operation before other income, finance cost and exceptional items was INR 58.154 million compared with INR 178.626 million for the same period a year ago. Profit from ordinary activities before tax was INR 69.175 million compared with INR 192.639 million for the same period a year ago. Net profit was INR 47.758 million or INR 9.00 per basic and diluted share compared with INR 133.070 million or INR 25.02 per basic and diluted share for the same period a year ago.