Karuturi Global Limited reported unaudited consolidated and standalone earnings results for the first quarter ended June 30, 2016. For the quarter on consolidated basis, the company reported net sales/revenue from operations of INR 484.251 million compared to INR 666.683 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 76.882 million compared to INR 163.528 million a year ago. Net profit from ordinary activities before tax was INR 17.425 million compared to INR 52.600 million a year ago. Net profit for the period after tax of INR 26.751 million compared to INR 52.185 million a year ago. Net profit for the period was INR 26.773 million or INR 0.026 per basic and diluted profit per share before and after extraordinary items (not annualised) compared to INR 51.794 million or INR 0.065 per share before and after extraordinary items (not annualised) a year ago. For the quarter on standalone basis, the company reported net sales/revenue from operations of INR 25.358 million compared to INR 23.035 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 1.778 million compared to INR 26.970 million a year ago. Net loss from ordinary activities before tax was INR 23.937 million compared to INR 121.154 million a year ago. Net loss for the period after tax of INR 14.610 million compared to INR 121.154 million a year ago. Net loss for the period was INR 14.635 million or INR 0.014 per basic and diluted profit per share before and after extraordinary items (not annualised) compared to INR 1,221.153 million or INR 0.138 per share before and after extraordinary items (not annualised) a year ago.