Shree Bhawani Paper Mills Ltd. announced unaudited earnings results for the fourth quarter and full year ended December 31, 2013. For the quarter, the company reported total income from operations of INR 232.3 million against INR 222.8 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 90.9 million against INR 137.2 million a year ago. Loss from ordinary activities before tax was INR 63.6 million against INR 240.9 million a year ago. Net loss was INR 63.6 million against INR 240.9 million a year ago. Basic and diluted loss per share was INR 1.83 against INR 6.92 a year ago.

For the full year, the company reported total income from operations of INR 915.1 million against INR 1,285.5 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 174.2 million against INR 360.7 million a year ago. Loss from ordinary activities before tax was INR 415.5 million against INR 589.5 million a year ago. Net loss was INR 415.5 million against INR 456.7 million a year ago. Basic and diluted loss per share was INR 11.93 against INR 13.11 a year ago.