Shree Bhawani Paper Mills Ltd. reported unaudited standalone earnings results for the second quarter and half year ended September 30, 2014. For the quarter, the company reported net sales/income from operations (net of excise duty) of INR 96.0 million against INR 288.8 million a year ago. Loss from operations before other income, finance costs and exceptional items were INR 59.6 million against INR 29.6 million a year ago. Loss from ordinary activities before tax was INR 105.3 million against INR 93.0 million a year ago. Net loss for the period was INR 105.3 million against INR 93.0 million a year ago. Basic and diluted loss per share was INR 3.03 against INR 2.67 a year ago.

For the half year, the company reported net sales/income from operations (net of excise duty) of INR 272.6 million against INR 580.7 million a year ago. Loss from operations before other income, finance costs and exceptional items were INR 136.0 million against INR 41.7 million a year ago. Loss from ordinary activities before tax was INR 229.8 million against INR 161.1 million a year ago. Net loss for the period was INR 229.8 million against INR 161.1 million a year ago. Basic and diluted loss per share was INR 6.61 against INR 4.64 a year ago.