Jai Balaji Industries Ltd. announced audited standalone earnings results for the fourth quarter and year ended March 31, 2014, and consolidated earnings results for year ended March 31, 2014. On stand lone basis for the quarter, the company reported net sales/income from operations of INR 4,343.459 million against INR 5,086.991 million a year ago. Loss from operations before other income, finance cost and exceptional items was INR 480.094 million against INR 386.728 million a year ago. Loss from ordinary activities before tax was INR 1,320.136 million against INR 913.137 million a year ago. Net loss for the period was INR 1,234.912 million or INR 18.36 per basic and diluted share against INR 634.601 million or INR 9.95 per basic and diluted share a year ago.

On standlone basis for the year, the company reported net sales/income from operations of INR 19,460.020 million. Loss from operations before other income, finance cost and exceptional items was INR 1,050.586 million. Loss from ordinary activities before tax was INR 4,187.407 million. Net loss for the period was INR 3,189.515 million or INR 48.27 per basic and diluted share.

On consolidated basis for the year, the company reported net sales/income from operations of INR 19,460.020 million. Loss from operations before other income, finance cost and exceptional items was INR 1,174.027 million. Loss from ordinary activities before tax was INR 4,396.687 million. Net loss for the period was INR 3,332.143 million or INR 50.43 per basic and diluted share.