Oricon Enterprises Limited reported unaudited consolidated and standalone earnings results for the first quarter ended June 30, 2016. For the quarter, on standalone basis, net sales/income from operations (net of excise duty) was INR 157.727 million against INR 203.000 million last year. Loss from operations before other income, finance costs and exceptional items was INR 16.918 million against INR 5.782 million last year. Profit from ordinary activities before tax was INR 34.068 million against INR 23.826 million last year. Net profit was INR 26.296 million or INR 0.17 per basic and diluted share before and after extraordinary items against INR 23.086 million or INR 0.15 per basic and diluted share before and after extraordinary items last year. For the quarter, on consolidated basis, sale of products (net of excise duty) was INR 2,202.436 million against INR 2,209.049 million last year. Profit from operations before other income, finance costs and exceptional items was INR 193.680 million against INR 210.314 million last year. Profit from ordinary activities before tax was INR 240.791 million against INR 310.842 million last year. Net profit was INR 150.386 million or INR 0.72 per basic and diluted share before and after extraordinary items against INR 227.169 million or INR 0.90 per basic and diluted share before and after extraordinary items last year.