Raj Rayon Industries Limited announced unaudited standalone earnings results for the third quarter and nine months ended December 31, 2014. For the quarter, the company reported net sales of INR 694.400 million against INR 875.742 million a year ago. Loss from operations before other income, interest and exceptional items was INR 121.302 million against INR 257.868 million a year ago. Loss from ordinary activities before tax was INR 301.861 million against INR 398.941 million a year ago. Net loss for the period was INR 208.164 million against INR 268.561 million a year ago. Basic and diluted loss per share before and after extraordinary items was INR 0.78 against INR 1.01 a year ago.

For the nine months period, the company reported net sales of INR 894.340 million against INR 4,268.983 million a year ago. Loss from operations before other income, interest and exceptional items was INR 319.789 million against INR 713.517 million a year ago. Loss from ordinary activities before tax was INR 756.631 million against INR 1,067.581 million a year ago. Net loss for the period was INR 520.859 million against INR 719.329 million a year ago. Basic and diluted loss per share before and after extraordinary items was INR 1.95 against INR 2.70 a year ago.