Deccan Bearings Ltd. announced unaudited standalone earnings results for the third quarter and nine months ended December 31, 2014. For the quarter, the company announced net sales or income from operations, net of excise duty of INR 6.291 million compared to INR 14.160 million a year ago. Loss from operations before other income, finance costs and exceptional items were INR 0.428 million compared to INR 0.081 million a year ago. Loss from ordinary activities before tax was INR 0.455 million compared to INR 0.123 million a year ago. Net loss was INR 0.455 million or INR 0.21 per basic and diluted share for before and after extraordinary items compared to INR 0.123 million or INR 0.06 per basic and diluted share for before and after extraordinary items a year ago.

For the nine months, the company announced net sales or income from operations, net of excise duty of INR 22.863 million compared to INR 32.345 million a year ago. Loss from operations before other income, finance costs and exceptional items were INR 0.914 million compared to INR 0.704 million a year ago. Loss from ordinary activities before tax was INR 1.006 million compared to INR 0.845 million a year ago. Net loss was INR 1.006 million or INR 0.46 per basic and diluted share for before and after extraordinary items compared to INR 0.845 million or INR 0.39 per basic and diluted share for before and after extraordinary items a year ago.