Lakshmi Energy and Foods Ltd. announced unaudited standalone and consolidated earnings results for the second quarter and six months ended September 30, 2015. For the quarter, on standalone basis, the company announced net sales/income from operations of INR 248.294 million compared to INR 205.141 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 25.537 million compared to INR 20.172 million a year ago. Loss from ordinary activities before tax was INR 2.841 million compared to INR 11.827 million a year ago. Net loss was INR 1.968 million or INR 0.30 per basic and diluted share for before and after extraordinary items compared to INR 8.813 million or INR 1.33 per diluted share for before and after extraordinary items a year ago.

For the six months, on standalone basis, the company announced net sales/income from operations of INR 403.619 million against INR 457.352 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 36.333 million against INR 53.166 million a year ago. Loss from ordinary activities before tax was INR 15.572 million against INR 7.728 million a year ago. Net loss was INR 13.781 million or EPS of INR 2.04 per basic and diluted share for before and after extraordinary items compared to INR 2.129 million or INR 0.32 per diluted share for before and after extraordinary items a year ago.

For the quarter, on consolidated basis, the company announced net sales/income from operations of INR 248.327 million compared to INR 200.080 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 23.388 million compared to INR 18.673 million a year ago. Loss from ordinary activities before tax was INR 4.990 million compared to INR 13.389 million a year ago. Net loss was INR 4.030 million or INR 0.61 per diluted share for after extraordinary items compared to INR 10.354 million or INR 1.54 per diluted share for after extraordinary items a year ago.

For the six months, on consolidated basis, the company announced net sales/income from operations of INR 405.238 million against INR 454.845 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 31.447 million against INR 50.154 million a year ago. Loss from ordinary activities before tax was INR 20.458 million against INR 10.625 million a year ago. Net loss was INR 18.652 million or INR 2.81 per diluted share for after extraordinary items compared to INR 5.022 million or INR 0.74 per diluted share for after extraordinary items a year ago.