KMF Builders & Developers Ltd. announced audited 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 (net of excise duty) of INR 5.407 million compared with INR 17.639 million for the same period a year ago. Profit from operation before other income, finance cost and exceptional items was INR 0.739 million compared with INR 1.533 million for the same period a year ago. Profit from ordinary activities before tax was INR 0.918 million compared with INR 1.432 million for the same period a year ago. Net profit was INR 0.694 million or INR 0.09 per basic and diluted share before and after extraordinary items compared with INR 0.955 million or INR 0.08 per basic and diluted share before and after extraordinary items for the same period a year ago.

For the six months, the company reported net sales/income from operations (net of excise duty) of INR 14.488 million compared with INR 34.995 million for the same period a year ago. Profit from operation before other income, finance cost and exceptional items was INR 1.567 million compared with INR 3.286 million for the same period a year ago. Profit from ordinary activities before tax was INR 1.736 million compared with INR 3.115 million for the same period a year ago. Net profit was INR 1.200 million or INR 0.10 per basic and diluted share before and after extraordinary items compared with INR 2.066 million or INR 0.17 per basic and diluted share before and after extraordinary items for the same period a year ago.