Lakshmi Energy and Foods Ltd. announced unaudited standalone and consolidated earnings results for the first quarter ended June 30, 2014. For the quarter, on standalone basis, the company reported net sales of INR 252.211 million against INR 484.960 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 32.994 million against INR 50.233 million a year ago. Profit from ordinary activities before tax was INR 4.099 million against INR 37.114 million a year ago. Net profit for the period was INR 6.685 million against INR 31.971 million a year ago. Diluted earnings per share before and after extraordinary items were INR 0.99 against INR 4.57 a year ago. Profit from ordinary activities before finance cost and exceptional items (EBITA) were INR 33.048 million against INR 50.245 million for the same period in the last year.

For the quarter, on consolidated basis, the company reported net sales of INR 254.765 million against INR 495.392 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 31.481 million against INR 51.016 million a year ago. Profit from ordinary activities before tax was INR 2.764 million against INR 37.894 million a year ago. Net profit for the period was INR 5.332 million against INR 32.752 million a year ago. Diluted earnings per share before and after extraordinary items were INR 0.79 against INR 4.68 a year ago. Profit from ordinary activities before finance cost and exceptional items (EBITA) were INR 31.716 million against INR 51.028 million for the same period in the last year.