REI Agro Limited announced unaudited standalone earnings results for the fourth quarter and audited standalone and consolidated earnings results for the full year ended march 31, 2014. For the quarter, on standalone basis, the company reported net sales/income from operations of INR 5,121.237 million compared to INR 13,102.892 million a year ago. Profit from operations before other income, interest & exceptional items was INR 1,264.060 million compared to INR 2,309.909 million a year ago. Loss from ordinary activities before tax was INR 511.261 million compared to profit from ordinary activities before tax of INR 962.684 million a year ago. Net loss for the period was INR 497.026 million or INR 0.47 per diluted share compared to net profit for the period of INR 677.369 million or INR 1.97 per diluted share for the same period a year ago.

For the year, on standalone basis, the company reported net sales/income from operations of INR 45,232.466 million compared to INR 50,890.930 million a year ago. Profit from operations before other income, interest & exceptional items was INR 6,149.955 million compared to INR 8,571.296 million a year ago. Loss from ordinary activities before tax was INR 396.408 million compared to profit from ordinary activities before tax of INR 2,597.354 million a year ago. Net loss for the period was INR 383.503 million or INR 0.36 per diluted share compared to net profit for the period of INR 2,110.13 million or INR 1.97 per diluted share for the same period a year ago.

For the year, on consolidated basis, the company reported net sales/income from operations of INR 101,548.962 million compared to INR 95,414.849 million a year ago. Profit from operations before other income, interest & exceptional items was INR 14,291.491 million compared to INR 14,192.996 million a year ago. Profit from ordinary activities before tax was INR 4,360.960 million compared to INR 7,633.531 million a year ago. Net profit for the period was INR 4,259.059 million or INR 4.02 per diluted share compared to INR 7,005.676 million or INR 6.57 per diluted share for the same period a year ago.