Global Land Masters Corporation Ltd. reported unaudited standalone and consolidated earnings results for the fourth quarter and year ended March 31, 2014. For the quarter, on standalone basis, the company reported loss from operations before other income, finance costs and exceptional items of INR 2.023 million compared to INR 0.938 million a year ago. Loss from ordinary activities before tax was INR 2.023 million compared to INR 0.911 million a year ago. Net loss was INR 2.023 million or INR 0.40 per basic and diluted before and after extraordinary items compared to INR 0.666 million or INR 0.13 per basic and diluted after extraordinary items a year ago.

For the year, on standalone basis, the company reported loss from operations before other income, finance costs and exceptional items of INR 2.681 million compared to INR 2.070 million a year ago. Loss from ordinary activities before tax was INR 2.688 million compared to INR 2.074 million a year ago. Net loss was INR 2.688 million or INR 0.53 per basic and diluted before and after extraordinary items compared to INR 1.829 million or INR 0.36 per basic and diluted after extraordinary items a year ago.

For the year, on consolidated basis, the company reported total income from operations (net) of INR 5.204 million compared to INR 3.793 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 2.277 million compared to INR 1.752 million a year ago. Loss from ordinary activities before tax was INR 2.285 million compared to INR 1.666 million a year ago. Net loss was INR 2.409 million or INR 0.50 per basic and diluted after extraordinary items compared to INR 1.547 million or INR 0.33 per basic and diluted after extraordinary items a year ago.