Kanco Enterprises Ltd. announced unaudited standalone financial results for the fourth quarter and year ended March 31, 2014. For the quarter, the company reported net sales of INR 408.0 million against INR 382.5 million a year ago. Profit from operations other income, exceptional items and finance costs was INR 18.5 million against profit from operations other income, exceptional items and finance costs of INR 32 million a year ago. Loss from ordinary activities before tax was INR 4.8 million against profit from ordinary activities before tax of INR 9.8 million a year ago. Net loss for the period was INR 4.8 million or INR 0.27 per diluted share against net profit for the period of INR 9.8 million or INR 0.55 per diluted share a year ago.

For the year, the company reported net sales of INR 809.3 million against INR 705.4 million a year ago. Profit from operations other income, exceptional items and finance costs was INR 22.6 million against INR 48.1 million a year ago. Loss from ordinary activities before tax was INR 22.5 million against profit from ordinary activities before tax of INR 4.1 million a year ago. Net loss for the period was INR 22.5 million or INR 1.25 per diluted share against net profit for the period of INR 4.1 million or INR 0.23 per diluted share a year ago.