Kanco Enterprises Ltd. reported unaudited standalone earnings results for the second quarter and six months ended March 31, 2014. For the quarter, net sales/income from operation was INR 336.5 million against INR 408.0 million a year ago. Profit from operation before other income, finance cost and exceptional item was INR 1.1 million against INR 18.5 million a year ago. Loss from ordinary activities before tax was INR 22.8 million against INR 4.8 million a year ago. Net loss was INR 22.8 million or INR 1.27 per basic and diluted share against INR 4.8 million or INR 0.27 per basic and diluted share a year ago.

For the six months, net sales/income from operation was INR 709.9 million against INR 809.3 million a year ago. Loss from operation before other income, finance cost and exceptional item was INR 1.4 million against profit from operation before other income, finance cost and exceptional item of INR 22.6 million a year ago. Loss from ordinary activities before tax was INR 48.9 million against INR 22.5 million a year ago. Net loss was INR 48.9 million or INR 2.73 per basic and diluted share against INR 22.5 million or INR 1.25 per basic and diluted share a year ago.