Binani Industries Limited announced unaudited earnings results for the third quarter and nine months ended December 31, 2013. For the quarter, the company reported total income from operations of INR 311.3 million against INR 329.8 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 96.8 million against profit of INR 34.2 million a year ago. Loss from ordinary activities before tax and extraordinary items was INR 411.2 million against profit of INR 48.3 million a year ago. Net loss was INR 411.2 million against profit of INR 48.3 million a year ago. Basic and diluted loss per share before and after extraordinary items was INR 13.89 against profit of INR 1.63 a year ago.

For the nine months, the company reported total income from operations of INR 958.5 million against INR 10.05 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 92.9 million against profit of INR 185.9 million a year ago. Loss from ordinary activities before tax and extraordinary items was INR 954.6 million against loss of INR 498.9 million a year ago. Net loss was INR 954.6 million against loss of INR 498.9 million a year ago. Basic and diluted loss per share before and after extraordinary items was INR 32.25 against loss of INR 16.86 a year ago.