Surana Industries Limited announced audited consolidated financial results for the full year ended March 31, 2015 and audited standalone financial results for the fourth quarter and full year ended March 31, 2015. For the quarter, the company reported loss from operations before other income, interest & exceptional items of INR 288.997 million against INR 460.275 million for the same period of last year. Loss from ordinary activities before tax was INR 690.837 million against INR 984.337 million for the same period of last year. Net loss for the period was INR 635.217 million or INR 14.27 per basic and diluted share against INR 676.895 million or INR 15.20 per basic and diluted share for the same period of last year. Net sales/income from operations was INR 2,676.197 million against INR 1,245.122 million for the same period of last year.

For the year, on standalone basis, the company reported loss from operations before other income, interest & exceptional items of INR 1,061.105 million against INR 890.384 million for the same period of last year. Loss from ordinary activities before tax was INR 2,344.944 million against of INR 2,338.752 million for the same period of last year. Net loss for the period was INR 2,627.889 million or INR 59.03 per basic and diluted share against INR 1,554.612 million or INR 34.92 per basic and diluted share for the same period of last year. Net sales/income from operations was INR 6,421.762 million against INR 5,552.060 million for the same period of last year.

For the year, on consolidated basis, the group reported loss from operations before other income, interest & exceptional items of INR 2,305.501 million against INR 943.504 million for the same period of last year. Loss from ordinary activities before tax was INR 3,889.360 million against INR 2,666.390 million for the same period of last year. Net loss for the period was INR 4,427.489 million or INR 99.45 per basic and diluted share against INR 1,717.434 million or INR 38.58 per basic and diluted share for the same period of last year. Net sales/income from operations was INR 6,553.985 million against INR 6,311.206 million for the same period of last year.