Raj Rayon Industries Limited reported audited earnings results for the fourth quarter and full year ended March 31, 2014. For the quarter, the company reported total income from operations of INR 405.471 million against INR 2,506.915 million a year ago. Loss from operations before other income, finance cost and exceptional items was INR 101.729 million compared to profit from operations before other income, finance cost and exceptional items of INR 73.315 million a year ago period. Loss from ordinary activities before tax was INR 208.45 million compared to profit from ordinary activities before tax of INR 1.593 million a year ago. Net loss for the period was INR 158.299 million or INR 0.59 basic and diluted per share against net profit for the period of INR 0.347 million or INR 00.00 basic and diluted per share a year ago period.

For the full year, the company reported total income from operations of INR 4,701.056 million against INR 7,133.561 million a year ago. Loss from operations before other income, finance cost and exceptional items was INR 815.245 million compared to profit from operations before other income, finance cost and exceptional items of INR 355.184 million a year ago period. Loss from ordinary activities before tax was INR 1,276.031 million compared to profit from ordinary activities before tax of INR 59.151 million a year ago. Net loss for the period was INR 877.628 million or INR 3.29 basic and diluted per share against net profit for the period of INR 37.138 million or INR 0.14 basic and diluted per share a year ago period.