Alka Diamond Industries Ltd. announced unaudited financial results for the third quarter and nine months ended December 31, 2013. For the quarter, the company reported loss from operations before other income, finance costs & exceptional items of INR 0.154 million against INR 12.8 million for the same period of last year. Profit from ordinary activities before tax was INR 0.013 million against INR 0.01 million for the same period of last year. Net profit for the period was INR 0.01 million against INR 0.01 million for the same period of last year.

For the nine months, the company reported loss from operations before other income, finance costs & exceptional items of INR 0.055 million against INR 1.5 million for the same period of last year. Profit from ordinary activities before tax was INR 0.28 million against INR 0.7 million for the same period of last year. Net profit for the period was INR 0.27 million or INR 0.06 per diluted share against INR 0.44 million or INR 0.09 per diluted share for the same period of last year. Net sales were INR 9.82 million against INR 180.75 million for the same period of last year.