Malwa Cotton Spinning Mills Ltd. reported unaudited standalone earnings results for the second quarter and six months ended September 30, 2014. For the quarter, net sales/income from operation was INR 335.6 million against INR 55.34 million a year ago. Loss from operation before other income, finance cost and exceptional item was INR 133.1 million against INR 102.8 million a year ago. loss from ordinary activities before tax was INR 131.4 million against INR 106.8 million a year ago. Net loss was INR 131.4 million or INR 2.77 per basic and diluted share against INR 106.8 million or INR 16.33 per basic and diluted share a year ago.

For the six months, net sales/income from operation was INR 728.2 million against INR 1,039.4 million a year ago. Loss from operation before other income, finance cost and exceptional item was INR 286.5 million against INR 284.4 million a year ago. loss from ordinary activities before tax was INR 283.3 million against INR 288.8 million a year ago. Net loss was INR 283.3 million or INR 15.94 per basic and diluted share against INR 288.8 million or INR 27.51 per basic and diluted share a year ago.