Lakshmi Precision Screws Limited announced unaudited standalone earnings results for the first quarter ended June 30, 2015. For the quarter, the company announced net sales or income from operations, net of excise duty of INR 796.161 million compared to INR 902.981 million a year ago. Profit from operations before other income, finance costs and exceptional items were INR 64.196 million compared to INR 88.729 million a year ago.

Loss from ordinary activities before tax was INR 21.585 million compared to profit from ordinary activities before tax of INR 11.624 million a year ago. Net loss was INR 21.585 million or INR 1.97 per basic and diluted share for before and after extraordinary items compared to net profit of INR 4.067 million or INR 0.37 per basic and diluted share for before and after extraordinary items a year ago.