SRS Finance Limited announced unaudited financial results for the fourth quarter and full year ended March 31, 2014. For the quarter, the company reported profit from operations before other income, interest & exceptional items of INR 54 million against loss of INR 79.7 million for the same period of last year. Profit from ordinary activities before tax was INR 16 million against loss of INR 98 million for the same period of last year. Net profit for the period was INR 73 million or INR 0.08 per basic and diluted share against loss of INR 67 million or INR 0.59 per basic and diluted share for the same period of last year. Net sales/income from operations were INR 64 million against INR 35 million for the same period of last year.

For the year, the company reported profit from operations before other income, interest & exceptional items of INR 180 million against loss of INR 60 million for the same period of last year. Profit from ordinary activities before tax was INR 72.3 million against loss of INR 122 million for the same period of last year. Net profit for the period was INR 51 million or INR 0.52 per basic and diluted share against loss of INR 84 million or INR 0.86 per basic and diluted share for the same period of last year. Net sales/income from operations were INR 369 million against INR 139 million for the same period of last year.