Raj Rayon Industries Limited Reports Unaudited Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2015
February 12, 2016 at 07:22 am
Raj Rayon Industries Limited reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2015. For the quarter, the company reported net sales/income from operations of INR 996.129 million against INR 694.400 million a year ago. Loss from operations before other income, finance cost and exceptional items was INR 259.711 million compared to INR 121.302 million a year ago period. Loss from ordinary activities before tax was INR 480.167 million compared to INR 301.861 million a year ago. Net loss was INR 331.388 million or INR 0.96 per basic and diluted share against INR 208.164 million or INR 0.78 per basic and diluted share a year ago.
For the nine months, the company reported net sales/income from operations of INR 3,553.111 million against INR 894.340 million a year ago. Loss from operations before other income, finance cost and exceptional items was INR 737.639 million compared to INR 319.789 million a year ago. Loss from ordinary activities before tax was INR 1,371.480 million compared to INR 756.631 million a year ago. Net loss was INR 922.487 million or INR 2.72 per basic and diluted share against INR 520.859 million or INR 1.95 per basic and diluted share a year ago.