Mahaveer Infoway Limited reported unaudited standalone and consolidated earnings results for the second quarter and six months ended September 30, 2017. For the second quarter on standalone basis, the company reported net sales/income from operations of INR 0.819 million against INR 31.945 million a year ago. Loss from operations was INR 0.364 million against profit from operations of INR 1.116 million a year ago. Loss from ordinary activities was INR 1.285 million against profit from ordinary activities of INR 0.128 million a year ago. Loss before tax was INR 1.285 million against profit before tax of INR 0.128 million a year ago. Net loss for the period was INR 1.285 million against net profit for the period of INR 0.128 million a year ago. LPS before and after extraordinary items basic and diluted was INR 0.23 against EPS before and after extraordinary items basic and diluted of INR 0.02 a year ago. For the six months on standalone basis, the company reported net sales/income from operations of INR 11.826 million against INR 87.124 million a year ago. Profit from operations was INR 1.003 million against INR 2.732 million a year ago. Loss from ordinary activities was INR 1.184 million against profit from ordinary activities of INR 0.287 million a year ago. Loss before tax was INR 1.184 million against profit before tax of INR 0.287 million a year ago. Net loss for the period was INR 1.184 million against net profit for the period of INR 0.287 million a year ago For the second quarter on consolidated basis, the company reported net sales/income from operations of INR 20.039 million against INR 31.979 million a year ago. Profit from operations was INR 0.151 million against INR 1.149 million a year ago. Loss from ordinary activities was INR 0.825 million against profit from ordinary activities of INR 0.161 million a year ago. Loss before tax was INR 0.825 million against profit before tax of INR 0.161 million a year ago. Net loss for the period was INR 0.825 million against net profit for the period of INR 0.161 million a year ago. LPS before and after extraordinary items basic and diluted was INR 0.15 against EPS before and after extraordinary items basic and diluted of INR 0.03 a year ago. For the six months on consolidated basis, the company reported net sales/income from operations of INR 46.943 million against INR 87.875 million a year ago. Profit from operations was INR 2.024 million against INR 3.359 million a year ago. Loss from ordinary activities was INR 0.219 million against profit from ordinary activities of INR 0.813 million a year ago. Loss before tax was INR 0.219 million against profit before tax of INR 0.813 million a year ago. Net loss for the period was INR 0.219 million against net profit for the period of INR 0.813 million a year ago. LPS before and after extraordinary items basic and diluted was INR 0.04 against EPS before and after extraordinary items basic and diluted of INR 0.15 a year ago.