Euro Ceramics Ltd. Reports Audited Standalone Earnings Results for the Fourth Quarter and Audited Standalone and Consolidated Earnings Results for the Full Year Ended March 31, 2015
For the year, on standalone basis, the company reported net sales of INR 497.109 million compared to INR 766.285 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 285.264 million compared to INR 401.268 million a year ago. Loss from ordinary activities before tax was INR 620.367 million compared to INR 349.998 million a year ago. Net loss for the period was INR 620.367 million or INR 18.39 per basic and diluted share compared to INR 349.822 million or INR 13.00 per basic and diluted share a year ago.
For the year, on consolidated basis, the company reported net sales of INR 505.134 million compared to INR 782.178 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 286.789 million compared to INR 409.047 million a year ago. Loss from ordinary activities before tax was INR 620.203 million compared to INR 355.836 million a year ago. Net loss for the period was INR 620.209 million or INR 18.38 per basic and diluted share compared to INR 355.660 million or INR 13.22 per basic and diluted share a year ago.