Stewarts & Lloyds Of India Ltd. announced unaudited earnings results for the second quarter and six months ended September 30, 2015. For the quarter, the company reported net sales/income from operations (net of excise duty) of INR 14.9 million compared to INR 41.9 million a year ago. Total income from operations (net) was INR 15.7 million compared to INR 42 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 5.7 million compared to INR 5.5 million a year ago. Net loss from ordinary activities before tax was INR 4.5 million compared to INR 18.6 million a year ago. Net loss for the period was INR 4.5 million compared to INR 18.6 million a year ago. Basic and diluted loss per share before and after extraordinary items was INR 1.50 compared to INR 6.20 a year ago.

For the six months, the company reported net sales/income from operations (net of excise duty) of INR 35.7 million compared to INR 79.7 million a year ago. Total income from operations (net) was INR 36.5 million compared to INR 79.8 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 15 million compared to INR 13.1 million a year ago. Net loss from ordinary activities before tax was INR 13.5 million compared to INR 39.8 million a year ago. Net loss for the period was INR 13.5 million compared to INR 39.8 million a year ago. Basic and diluted loss per share before and after extraordinary items was INR 4.50 compared to INR 13.27 a year ago.