Malwa Cotton Spinning Mills Ltd. announced unaudited earnings results for the second quarter and half year ended September 30, 2013. For the quarter, the company's net sales /income from operations was INR 553.4 million compared to INR 812.2 million a year ago. Loss from operations before other income, interest and exceptional items was INR 102.8 million compared to INR 397.8 million a year ago. Loss from ordinary activities before tax was INR 106.8 million against INR 482.3 million a year ago. Net loss was INR 106.8 million or INR 16.33 per diluted share before and after extraordinary item compared to INR 482.3 million or INR 18.84 per diluted share before and after extraordinary item a year ago.

For the half year, the company's net sales /income from operations was INR 1,039.4 million compared to INR 1,689.8 million a year ago. Loss from operations before other income, interest and exceptional items was INR 284.4 million compared to INR 426.6 million a year ago. Loss from ordinary activities before tax was INR 288.8 million against INR 588.6 million a year ago. Net loss was INR 288.8 million or INR 27.51 per diluted share before and after extraordinary item compared to INR 588.6 million or INR 22.79 per diluted share before and after extraordinary item a year ago.