Sakrand Sugar Mills reported earnings results for the first quarter ended December 31, 2011. For the quarter the company reported net sales of PKR 408,011,945 against PKR 646,191,513 a year ago. Operating loss was PKR 17,768,196 against operating profit of PKR 18,675,564 a year ago. Loss before taxation was PKR 33,143,021 against profit before taxation of PKR 851,144 a year ago. Loss after taxation was PKR 36,908,665 or PKR 1.65 basic per share against PKR 12,505,246 or PKR 0.56 basic per share a year ago.