Rainbow Paper Ltd. reported unaudited standalone earnings results for the first quarter ended June 30, 2016. For the quarter, the company reported net sales /income from operations (net of excise duty and VAT) of INR 423.0 million, loss from operations before other income, finance costs and exceptional items of INR 330.3 million, net loss of INR 412.6 million or INR 3.89 basic and diluted per share against net sales /income from operations (net of excise duty and VAT) of INR 1,426.7 million, loss from operations before other income, finance costs and exceptional items of INR 499.0 million, net loss of INR 653.9 million or INR 6.17 basic and diluted per share for the same period a year ago.