Malwa Cotton Spg. Mills Limited reported unaudited standalone earnings results for the second quarter and six months ended September 30, 2015. For the quarter, net sales/income from operation was INR 76.5 million against INR 335.6 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 101.9 million against INR 133.1 million a year ago. Loss from ordinary activities before tax was INR 101.8 million against INR 131.4 million a year ago. Net loss was INR 101.8 million or INR 6.23 per diluted share before and after extraordinary items (not annualised) against INR 131.4 million or INR 2.77 per diluted share before and after extraordinary items (not annualised) a year ago.

For the six months, net sales/income from operation was INR 177.0 million against INR 728.2 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 151.6 million against INR 286.5 million a year ago. Loss from ordinary activities before tax was INR 151.3 million against INR 283.2 million a year ago. Net loss was INR 151.3 million or INR 9.97 per diluted share before and after extraordinary items (not annualised) against INR 283.3 million or INR 15.94 per diluted share before and after extraordinary items (not annualised) a year ago.