SIP Industries Ltd. reported unaudited standalone earnings results for the first quarter ended June 30, 2016. For the quarter, loss from operations before other income, finance costs and exceptional items was INR 0.374 million against INR 0.672 million a year ago. Loss from ordinary activities before tax was INR 0.374 million against INR 0.672 million a year ago. Net loss was INR 0.374 million or INR 0.08 per basic and diluted share before and after extraordinary items (not annualized) against INR 0.672 million or INR 0.14 per basic and diluted share before and after extraordinary items (not annualized) a year ago.