Mount Shivalik Industries Ltd. reported audited standalone earnings results for the fourth quarter and year ended June 30, 2015. For the quarter, the company reported total income from operations (net) of INR 24.308 million compared to INR 136.324 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 23.515 million compared to INR 35.940 million a year ago. Profit from ordinary activities before tax was INR 74.474 million compared to loss from ordinary activities before tax of INR 45.322 million a year ago. Net profit for the period was INR 50.882 million or INR 8.41 per basic and diluted share compared to net loss for the period of INR 34.593 million or INR 5.72 per basic and diluted share a year ago.

For the year, the company reported total income from operations (net) of INR 154.998 million compared to INR 441.097 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 119.766 million compared to INR 125.682 million a year ago. Loss from ordinary activities before tax was INR 63.379 million compared to INR 165.578 million a year ago. Net loss for the period was INR 41.881 million or INR 6.93 per basic and diluted share compared to INR 114.291 million or INR 18.90 per basic and diluted share a year ago.