Alka Diamond Industries Limited announced unaudited standalone earnings results for the second quarter and six months ended September 30, 2014. For the quarter, the company's loss from operations before other income, finance costs and exceptional items was INR 0.13 million compared with INR 0.21 million a year ago. Loss from ordinary activities before tax was INR 0.13 million compared with profit of INR 0.01 million a year ago. Net loss was INR 0.13 million or INR 0.03 per basic and diluted share compared with net profit of INR 0.01 million or INR 0.00 per basic and diluted share a year ago.

For the six months, the company's loss from operations before other income, finance costs and exceptional items was INR 0.59 million compared with profit of INR 0.21 million a year ago. Loss from ordinary activities before tax was INR 0.08 million compared with profit of INR 0.31 million a year ago. Net loss was INR 0.097 million or INR 0.02 per basic and diluted share compared with net profit of INR 0.21 million or INR 0.04 per basic and diluted share a year ago.