Surana Corporation Ltd. announced unaudited standalone and consolidated financial results for the first quarter ended June 30, 2016. For the quarter, on standalone basis, the company reported net sales of INR 811.8 million against INR 604.1 a year ago. Loss from operations before other income, finance cost, exceptional items and prior items was INR 351.4 million against 24.7 million a year ago. Loss from ordinary activities before tax was INR 671.6 million against INR 353.7 million a year ago. Net loss for the period was INR 671.6 million or INR 27.57 per basic and diluted share against INR 353.7 million or INR 14.52 per basic and diluted share a year ago.