Everest Industries 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/income from operations was INR 2,241.2 million compared to INR 2,837.8 million reported a year ago. Loss from operations before other income and finance costs was INR 124.8 million compared to INR 20.2 million reported a year ago. Loss before tax was INR 150.3 million compared to INR 38.9 million reported a year ago. Loss after tax was INR 93.7 million or INR 6.09 per basic and diluted share compared to INR 22.8 million or INR 1.49 per basic and diluted share reported a year ago. LBITDA was INR 61 million against EBITDA of INR 43 million a year ago. For the six months, the company reported net sales of INR 5,736.9 million compared to INR 6,860.3 million reported a year ago. Profit from operations before other income and finance costs was INR 54.7 million compared to INR 289.2 million reported a year ago. Profit before tax was INR 17.3 million compared to INR 307.8 million reported a year ago. Profit after tax was INR 24.1 million or INR 1.57 per basic and diluted share compared to INR 206.6 million or INR 13.49 per basic and diluted share reported a year ago. EBITDA was INR 18.5 million against of INR 421 million a year ago.