Metkore Alloys & Industries Limited announced unaudited standalone earnings results for the first quarter ended June 30, 2014. For the quarter, the company reported net sales of INR 640.146 million compared with INR 1,737.074 million for the same period a year ago. Profit from operation before other income, finance cost and exceptional items was INR 25.265 million compared with INR 88.566 million for the same period a year ago.

Profit from ordinary activities before tax was INR 8.291 million compared with INR 68.716 million for the same period a year ago. Net profit was INR 8.291 million or INR 0.09 per basic and diluted share before and after extraordinary items compared with INR 68.716 million or INR 0.95 per basic and diluted share before and after extraordinary items for the same period a year ago.