Master Chemicals Ltd. announced audited earnings results for the fourth quarter and year ended March 31, 2014. For the quarter, the company reported loss from operations before other income of INR 0.053 million against INR 0.065 million a year ago. Profit from ordinary activities before tax was INR 0.147 million against loss from ordinary activities before tax of INR 0.065 million a year ago. Net profit was INR 0.147 million or INR 0.60 per basic and diluted share before and after extraordinary items (not annualized) against net loss of INR 0.065 million or INR 0.27 per basic and diluted share before and after extraordinary items (not annualized) a year ago.

For the year, the company reported loss from operations before other income of INR 0.221 million against INR 0.370 million a year ago. Profit from ordinary activities before tax was INR 0.179 million against loss from ordinary activities before tax of INR 0.370 million a year ago. Net profit was INR 0.179 million or INR 0.73 per basic and diluted share before and after extraordinary items (not annualized) against net loss of INR 0.370 million or INR 1.51 per basic and diluted share before and after extraordinary items (not annualized) a year ago.