Modern Shares & Stockbrokers Ltd. reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2014. For the quarter, the company reported income from operations of INR 5.873 million against INR 4.332 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 0.740 million against INR 0.623 million a year ago. Loss from ordinary activities before tax was INR 0.775 million against INR 0.655 million a year ago. Net loss for the period was INR 0.553 million against INR 0.556 million a year ago. Basic and diluted loss per share was INR 0.19 against INR 0.19 a year ago.

For the nine months, the company reported income from operations of INR 18.560 million against INR 12.335 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 2.810 million against loss from operations before other income, finance costs and exceptional items of INR 0.310 million a year ago. Profit from ordinary activities before tax was INR 2.711 million against loss from ordinary activities before tax of INR 0.410 million a year ago. Net profit for the period was INR 1.940 million against net loss for the period of INR 0.153 million a year ago. Basic and diluted earnings per share were INR 0.66 against basic and diluted loss per share of INR 0.05 a year ago.