Shree Bhawani Paper Mills Ltd. reported unaudited standalone earnings results for the first quarter ended June 30, 2014. For the quarter, the company reported net sales/income from operations (net of excise duty) of INR 176.6 million against INR 291.9 million a year ago. Loss from operations before other income, finance costs and exceptional items were INR 76.4 million against INR 12.1 million a year ago.

Loss from ordinary activities before tax was INR 124.5 million against INR 68.1 million a year ago. Net loss for the period was INR 124.5 million against INR 68.1 million a year ago. Basic and diluted loss per share was INR 3.58 against INR 1.96 a year ago.