Modi Udyog Limited reported audited standalone earnings results for the fourth quarter and full year ended March 31, 2015. For the quarter, the company reported net sales of INR 13.3 million, loss from operations before other income, finance costs and exceptional items of INR 0.2 million, loss from ordinary activities before tax of INR 0.2 million and net loss of INR 0.3 million or INR 0.01 per diluted share (after extraordinary items not annualized) compared to net sales of INR 1.5 million, profit from operations before other income, finance costs and exceptional items of INR 0.04 million, profit from ordinary activities before tax of INR 0.04 million and net profit of INR 0.03 million or INR 0.00 per diluted share (after extraordinary items not annualized) reported in the same period last year.

For the year, the company reported net sales of INR 71.4 million, profit from operations before other income, finance costs and exceptional items of INR 0.3 million, profit from ordinary activities before tax of INR 0.3 million and net profit of INR 0.06 million or INR 0.00 per diluted share (after extraordinary items not annualized) compared to net sales of INR 5.9 million, profit from operations before other income, finance costs and exceptional items of INR 0.27 million, profit from ordinary activities before tax of INR 0.27 million and net profit of INR 0.2 million or INR 0.01 per diluted share (after extraordinary items not annualized) reported in the same period last year.