Malwa Cotton Spinning Mills Ltd. reported unaudited earnings results for the fourth quarter and audited earnings results for the full year ended March 31, 2013. For the quarter, the company's total income from operations was INR 919.1 million against INR 853.7 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 458.6 million against profit from operations before other income, finance costs and exceptional items of INR 59.9 million a year ago. Loss from ordinary activities before tax was INR 514.0 million against INR 40.0 million a year ago. Net loss for the period was INR 514.0 million or INR 23.45 per diluted share after extraordinary items against INR 40.0 million or INR 1.59 per diluted share after extraordinary items a year ago.

For the year, the company's total income from operations was INR 3,132.3 million against INR 3,980.2 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 1,307.2 million against profit from operations before other income, finance costs and exceptional items of INR 244.1 million a year ago. Loss from ordinary activities before tax was INR 1,617.2 million against INR 75.6 million a year ago. Net loss for the period was INR 1,617.2 million or INR 65.12 per diluted share after extraordinary items against INR 75.6 million or INR 3.01 per diluted share after extraordinary items a year ago.