Noesis Industries Limited announced unaudited standalone earnings results for the second quarter and six months ended December 31, 2013. For the quarter, the company reported net loss of INR 96.612 million or INR 3.67 basic and diluted loss per share after extra ordinary items on total income from operations of INR 0.548 million compared to net loss of INR 380.904 million or INR 14.47 basic and diluted loss per share after extra ordinary items on total income from operations of INR 0.541 million for the corresponding period last year. Loss from operations before other income, finance costs & exceptional items was INR 4.611 million against INR 9.296 million of prior year period. Loss from ordinary activities before tax was INR 96.612 million against INR 380.771 million of prior year period.

For the six months, the company reported net loss of INR 192.663 million or INR 7.32 basic and diluted loss per share after extra ordinary items on total income from operations of INR 0.816 million compared to net loss of INR 670.616 million or INR 25.47 basic and diluted loss per share after extra ordinary items on total income from operations of INR 24.643 million for the corresponding period last year. Loss from operations before other income, finance costs & exceptional items was INR 12.095 million against INR 37.099 million of prior year period. Loss from ordinary activities before tax was INR 192.663 million against INR 670.517 million of prior year period.