Raj Rayon Industries Limited reported unaudited standalone earnings results for the second quarter and six months ended September 30, 2014. For the quarter, the company reported net sales/income from operations of INR 93.251 million against INR 1,546.622 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 165.042 million compared to INR 2,045.195 million a year ago period. Loss from ordinary activities before tax was INR 230.759 million compared to INR 620.103 million a year ago. Net loss was INR 159.534 million against INR 418.074 million. Basic and diluted loss per share was INR 0.60 compared to INR 1.57 a year ago.

For the six months, the company reported net sales/income from operations of INR 199.940 million against INR 3,393.241 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 398.661 million compared to INR 3,869.214 million a year ago period. Loss from ordinary activities before tax was INR 454.770 million compared to INR 670.677 million a year ago. Net loss was INR 312.695 million against INR 452.806 million. Basic and diluted loss per share was INR 1.17 compared to INR 1.71 a year ago.