Cochin Minerals & Rutile Ltd. announced unaudited financial results for the second quarter and six months ended September 30, 2013. For the quarter, the company reported income from operations of INR 307.322 million against INR 797.995 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 20.357 million against income from operations before other income, finance costs and exceptional items of INR 321.369 million a year ago. Loss from ordinary activities before tax was INR 29.209 million against profit from ordinary activities before tax of INR 314.081 million a year ago. Net loss for the period was INR 28.98 million against net profit for the period of INR 209.615 million or INR 26.77 per diluted share a year ago.

For the six months, the company reported income from operations of INR 587.788 million against INR 1,385.846 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 33.021 million against income from operations before other income, finance costs and exceptional items of INR 534.136 million a year ago. Loss from ordinary activities before tax was INR 46.276 million against profit from ordinary activities before tax of INR 521.565 million a year ago. Net loss for the period was INR 45.778 million against net profit for the period of INR 349.779 million or INR 44.67 per diluted share a year ago.