Kumar Wire Cloth Manufacturing Co. Ltd. announced unaudited standalone earnings results for the first quarter ended June 30, 2014. For the quarter, the company reported net sales of INR 2.111 million compared with INR 2.460 million for the same period a year ago.

Loss from operation before other income, finance cost and exceptional items was INR 0.138 million compared with profit from operation before other income, finance cost and exceptional items of INR 0.025 million for the same period a year ago. Net profit was INR 0.030 million or INR 0.01 per basic and diluted share before extraordinary items compared with INR 1.285 million or INR 0.47 per basic and diluted share before extraordinary items for the same period a year ago.