Suryachakra Power Corporation announced audited standalone earnings results for the fourth quarter and year ended March 31, 2014 and consolidated earnings results for the year ended March 31, 2014. For the quarter, on standalone basis, the company reported net loss of INR 3.708 million or INR 0.02 basic and diluted loss per share after extra ordinary items on net sales of INR 399.080 million compared to net loss of INR 19.366 million or INR 0.13 basic and diluted loss per share after extra ordinary items on net sales of INR 391.048 million for the corresponding period last year. Profit from operations before other income, finance costs and exceptional items was INR 11.405 million against loss from operations of INR 4.478 million of prior year period. Profit from ordinary activities before tax was INR 5.498 million against loss from ordinary activities before tax of INR 19.366 million of prior year period.

For the year, on standalone basis, the company reported net loss of INR 32.112 million or INR 0.21 basic and diluted loss per share after extra ordinary items on total income from operations of INR 1,460.483 million compared to net loss of INR 93.165 million or INR 0.62 basic and diluted loss per share after extra ordinary items on total income from operations of INR 1,011.567 million for the last year. Profit from operations before other income, finance costs and exceptional items was INR 15.931 million against loss from operations of INR 15.108 million of prior year period. Loss from ordinary activities before tax was INR 22.906 million against INR 93.165 million of prior year period.

For the year, on consolidated basis, the company reported net loss of INR 171.514 million or INR 1.15 basic and diluted loss per share after extra ordinary items on total income from operations of INR 1,486.308 million compared to net loss of INR 648.929 million or INR 4.34 basic and diluted loss per share after extra ordinary items on total income from operations of INR 1,104.681 million for the last year. Loss from operations before other income, finance costs and exceptional items was INR 120.150 million against INR 198.841 million of prior year period. Loss from ordinary activities before tax was INR 162.308 million against INR 648.929 million of prior year period.