Nakoda Limited reported unaudited standalone earnings results for the second quarter and six months ended June 30, 2014. For the quarter, net sales /income from operations was INR 4,143.583 million compared to INR 7,257.386 million a year ago. Loss from operations before other income finance cost and exceptional items was INR 241.830 million compared to profit from operations before other income finance cost and exceptional items of INR 349.121 million a year ago. Loss from ordinary activities before tax was INR 664.307 million against profit from ordinary activities before tax of INR 225.228 million a year ago. Net loss was INR 664.307 million or INR 2.21 per basic and diluted share before and after extraordinary items compared to net profit of INR 180.165 million or INR 0.73 per basic and diluted share before and after extraordinary items a year ago.

For the six months, net sales /income from operations was INR 12,070.804 million compared to INR 14,270.806 million a year ago. Loss from operations before other income finance cost and exceptional items was INR 441.174 million compared to profit from operations before other income finance cost and exceptional items of INR 683.429 million a year ago. Loss from ordinary activities before tax was INR 1,216.749 million against profit from ordinary activities before tax of INR 441.014 million a year ago. Net loss was INR 1,216.749 million or INR 4.06 per basic and diluted share before and after extraordinary items compared to net profit of INR 352.777 million or INR 1.43 per basic and diluted share before and after extraordinary items a year ago.