Facor Steels Ltd. reported unaudited earnings results for the first quarter ended June 30, 2014. For the quarter, the company reported total income from operation (net) of INR 209.531 million compared to INR 19.900 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 83.221 million compared to INR 50.399 million a year ago.

Loss from ordinary activates before tax was INR 102.638 million compared to INR 68.138 million a year ago. Net loss for the period was INR 102.638 million or INR 0.50 per basic and diluted share before and after extraordinary items (not annualized) compared to INR 68.138 million or INR 0.33 per basic and diluted share before and after extraordinary items (not annualized) a year ago.