Esteem Bio Organic Food Processing Limited announced audited earnings results for the second half and full year ended March 31, 2014. For the second half, the company reported net sales of INR 25.349 million compared with INR 37.852 million for the same period a year ago. Profit from operation before other income, finance cost and exceptional items was INR 13.781 million compared with INR 15.197 million for the same period a year ago. Profit from ordinary activities before tax was INR 13.781 million compared with INR 15.955 million for the same period a year ago. Net profit was INR 13.508 million or INR 0.91 per basic and diluted share before and after extraordinary items compared with INR 15.721 million or INR 1.55 per basic and diluted share before and after extraordinary items for the same period a year ago.

For the full year, the company reported net sales of INR 31.976 million compared with INR 64.347 million for the same period a year ago. Profit from operation before other income, finance cost and exceptional items was INR 18.735 million compared with INR 24.990 million for the same period a year ago. Profit from ordinary activities before tax was INR 18.735 million compared with INR 25.748 million for the same period a year ago. Net profit was INR 18.390 million or INR 1.23 per basic and diluted share before and after extraordinary items compared with INR 25.514 million or INR 2.51 per basic and diluted share before and after extraordinary items for the same period a year ago.