Lakshmi Energy and Foods Ltd. announced audited standalone and consolidated earnings results for the fourth quarter and full year ended March 31, 2015. For the quarter, on standalone basis, the company announced net sales or income from operations of INR 382.93 million compared to INR 1,399.66 million a year ago. Loss from operations before other income, finance costs and exceptional items were INR 7.67 million compared to INR 158.34 million a year ago. Loss from ordinary activities before tax was INR 3,363.64 million compared to INR 703.49 million a year ago. Net loss was INR 3,377.45 million or INR 50.48 per basic and diluted share for before and after extraordinary items compared to INR 641.02 million or INR 9.51 per diluted share for before and after extraordinary items a year ago.

For the full year, on standalone basis, the company announced net sales or income from operations of INR 6,162.44 million. Profit from operations before other income, finance costs and exceptional items was INR 646.00 million. Loss from ordinary activities before tax was INR 3,427.98 million. Net loss was INR 3,363.87 million or INR 50.27 per basic and diluted share for before and after extraordinary items.

For the quarter, on consolidated basis, the company announced net sales or income from operations of INR 410.81 million compared to INR 1,274.57 million a year ago. Loss from operations before other income, finance costs and exceptional items were INR 70.22 million compared to INR 146.90 million a year ago. Loss from ordinary activities before tax was INR 3,426.01 million compared to INR 689.72 million a year ago. Net loss was INR 3,439.39 million or INR 51.40 per basic and diluted share for before and after extraordinary items compared to INR 618.67 million or INR 9.18 per diluted share for before and after extraordinary items a year ago.

For the full year, on consolidated basis, the company announced net sales or income from operations of INR 6,143.52 million. Profit from operations before other income, finance costs and exceptional items were INR 537.55 million. Loss from ordinary activities before tax was INR 3,534.98 million. Net loss was INR 3,470.56 million or INR 51.87 per basic and diluted share for before and after extraordinary items.