Facor Steels Ltd. announced unaudited standalone earnings results for the first quarter ended June 30, 2016. For the quarter, the company reported loss from operation before other income, finance cost and exceptional items was INR 12.744 million compared with INR 28.623 million for the same period a year ago. Loss from ordinary activities before tax was INR 21.471 million compared with INR 47.522 million for the same period a year ago. Net loss was INR 21.471 million or INR 0.10 per basic and diluted share before and after extraordinary items compared with INR 47.522 million or INR 0.23 per basic and diluted share before and after extraordinary items for the same period a year ago.