Valecha Engineering Limited reported unaudited standalone earnings results for the second quarter and six months ended September 30, 2016. For the quarter, the company reported income from operations of INR 924.582 million against INR 1,638.182 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 106.802 million against loss from operations before other income, finance cost and exceptional items of INR 325.433 million a year ago. Loss from ordinary activities before tax was INR 40.232 million against INR 414.900 million a year ago. Net loss for the period was INR 31.706 million against INR 401.773 million a year ago. Basic and diluted loss per share before and after extraordinary items was INR 1.41 against INR 17.83 a year ago. For the six months, the company reported income from operations of INR 1,949.966 million against INR 3,069.407 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 32.031 million against loss from operations before other income, finance cost and exceptional items of INR 375.566 million a year ago. Loss from ordinary activities before tax was INR 120.587 million against INR 556.170 million a year ago. Net loss for the period was INR 103.521 million against INR 529.914 million a year ago. Basic and diluted loss per share before and after extraordinary items was INR 4.59 against INR 23.52 a year ago.