Asahi Industries Limited reported unaudited standalone earnings results for the second quarter and half year ended September 30, 2016. For the quarter, net sales were INR 665.135 million against INR 638.986 million a year ago. Loss from operations before other income, interest & exceptional items was INR 18.935 million against profit of INR 11.078 million for the same period of last year. Loss from ordinary activities after finance costs was INR 23.235 million against profit of INR 7.563 million for the same period of last year. Net profit for the period was INR 23.235 million or INR 0.35 per basic share not annualized against profit of INR 7.563 million or INR 0.11 per basic share not annualized for the same period of last year. For the half year, net sales were INR 1,408.809 million against INR 1,411.911 million a year ago. Loss from operations before other income, interest & exceptional items was INR 37.686 million against profit of INR 22.965 million for the same period of last year. Loss from ordinary activities after finance costs was INR 46.286 against profit of INR 16.948 million for the same period of last year. Net loss for the period was INR 46.286 million or INR 0.70 per basic share not annualized against profit of INR 16.948 million or INR 0.26 per basic share not annualized for the same period of last year.