Master Chemicals Ltd. announced audited earnings results for the fourth quarter and year ended March 31, 2013. For the quarter, the company reported loss from operations before other income and finance costs of INR 0.065 million against INR 0.122 million a year ago. Loss from ordinary activities before tax was INR 0.065 million against INR 0.122 million a year ago. Net loss was INR 0.065 million or INR 0.27 per basic and diluted share before and after extraordinary items (not annualized) against INR 0.122 million or INR 0.46 per basic and diluted share before and after extraordinary items (not annualized) a year ago.

For the year, the company reported loss from operations before other income and finance costs of INR 0.37 million against INR 0.476 million a year ago. Loss from ordinary activities before tax was INR 0.37 million against INR 0.477 million a year ago. Net loss was INR 0.37 million or INR 1.51 per basic and diluted share before and after extraordinary items (not annualized) against INR 0.477 million or INR 1.95 per basic and diluted share before and after extraordinary items (not annualized) a year ago.