SRS Ltd. reported standalone unaudited earnings results for the first quarter ended June 30, 2016. For the quarter, the company reported net sales/income from operations of INR 5,972.343 million against INR 10,904.165 million for the same period previous year. Profit from operations before other income, finance costs & exceptional items was INR 73.831 million against INR 360.911 million for the same period of previous year. Loss from ordinary activities before tax was INR 139.524 million against profit from ordinary activities before tax of INR 199.179 million for the same period of previous year. Net loss for the period after tax was INR 81.043 million or INR 0.29 per diluted share compared to net profit for the period after tax of INR 138.442 million or INR 0.50 per diluted share for the same period of previous year.