Facor Steels Ltd. reported standalone unaudited earnings results for the first quarter ended June 30, 2015. For the quarter, the company reported Net Sales were INR 2.225 million compared with INR 206.612 million for the same period last year. Loss from operation before other income, financial cost and exceptional items was INR 28.623 million compared with INR 83.221 million for the same period last year.

Loss from ordinary activities before tax was INR 47.522 million compared with INR 102.638 million for the same period last year. Net profit for the period was INR 47.522 million or INR 0.23 basic and diluted per share as compared with net profit for the period of INR 102.638 million or INR 0.50 basic and diluted per share for the same period last year.