Rainbow Denim Ltd. announced unaudited standalone earnings results for the second quarter and six months ended September 30, 2016. For the quarter, the standalone company reported net sales of INR 521.553 million against INR 482.680 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 11.885 million against INR 8.739 million a year ago. Loss from ordinary activities before tax and net loss was INR 16.342 million against INR 24.400 million a year ago. Basic and diluted loss per share was INR 1.29 against INR 1.84 a year ago. For the six months, the standalone company reported net sales of INR 1,045.488 million against INR 1,081.567 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 16.020 million against INR 10.834 million a year ago. Loss from ordinary activities before tax and net loss was INR 23.939 million against INR 46.960 million a year ago. Basic and diluted loss per share was INR 1.80 against INR 3.54 a year ago.