Today's Writing Instruments Limited reported audited standalone earnings results for the fourth quarter and full year and consolidated earnings results for the year ended March 31, 2013. For the quarter, on standalone basis, the company reported net sales/income from operations of INR 98.298 million compared to INR 117.496 million a year ago. Loss from operations before other income, finance cost and exceptional items was INR 30.851 million compared to INR 150.570 million a year ago. Loss from ordinary activities before tax was INR 57.078 million compared to INR 240.762 million a year ago. Net loss was INR 42.551 million or INR 3.32 per basic and diluted share before and after extraordinary items compared to INR 82.536 million or INR 6.44 per basic and diluted share before and after extraordinary items for the same period a year ago.

For the year, on standalone basis, the company reported net sales/income from operations of INR 491.701 million compared to INR 577.869 million a year ago. Loss from operations before other income, finance cost and exceptional items was INR 58.776 million compared to INR 665.827 million a year ago. Loss from ordinary activities before tax was INR 156.568 million compared to INR 771.140 million a year ago. Net loss was INR 142.041 million or INR 11.09 per basic and diluted share before and after extraordinary items compared to INR 1,013.535 million or INR 79.10 per basic and diluted share before and after extraordinary items for the same period a year ago.

For the year, on consolidated basis, the company reported net sales/income from operations of INR 491.701 million compared to INR 578.219 million a year ago. Loss from operations before other income, finance cost and exceptional items was INR 60.944 million compared to INR 1,092.333 million a year ago. Loss from ordinary activities before tax was INR 158.997 million compared to INR 1,198.603 million a year ago. Net loss was INR 144.497 million or INR 11.28 per basic and diluted share before and after extraordinary items compared to INR 1,016.059 million or INR 79.30 per basic and diluted share before and after extraordinary items for the same period a year ago.