Tricom India Limited reported unaudited standalone and consolidated earnings results for the second quarter and six months ended September 30, 2014. For the quarter on standalone basis, the company reported net sales/income from operations of INR 77.302 million against INR 97.125 million a year ago. Loss from operations before other income, finance costs & exceptional items was INR 23.357 million against INR 23.086 million a year ago. Loss from ordinary activities before tax was INR 16.077 million against INR 29.219 million a year ago. Net loss for the period was INR 20.329 million against INR 36.098 million a year ago. Basic and diluted loss per share was INR 0.26 against INR 0.46 a year ago.

For the six months on standalone basis, the company reported net sales/income from operations of INR 142.707 against INR 171.047 million a year ago. Loss from operations before other income, finance costs & exceptional items was INR 480.31 million against INR 47.231 million a year ago. Loss from ordinary activities before tax was INR 58.768 million against INR 53.528 million a year ago. Net loss for the period was INR 61.823 million against INR 67.780 million a year ago. Basic and diluted loss per share was INR 0.78 against INR 0.86 a year ago.

For the quarter on consolidated basis, the company reported net sales/income from operations of INR 124.566 million against INR 147.974 million a year ago. Loss from operations before other income, finance costs & exceptional items was INR 48.679 million against INR 253.949 million a year ago. Loss from ordinary activities before tax was INR 31.459 million against INR 34.600 million a year ago. Net loss for the period was INR 36.620 million against INR 39.868 million a year ago. Basic and diluted loss per share was INR 0.46 against INR 0.50 a year ago.

For the six months on consolidated basis, the company reported net sales/income from operations of INR 255.982 against INR 282.767 million a year ago. Loss from operations before other income, finance costs & exceptional items was INR 88.286 million against INR 307.618 million a year ago. Loss from ordinary activities before tax was INR 93.583 million against INR 56.889 million a year ago. Net loss for the period was INR 100.177 million against INR 69.570 million a year ago. Basic and diluted loss per share was INR 1.26 against INR 0.88 a year ago.