National Fertilizers Ltd. reported unaudited earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported net sales of INR 18,183.8 million compared with INR 20,433.6 million for the same period last year. Loss from operations before other income, financial cost & exceptional items was INR 81.7 million compared with profit from operations before other income, financial cost & exceptional items of INR 961.8 million for the same period last year. Loss from ordinary activities before tax was INR 258.8 million compared with loss from ordinary activities before tax of INR 806.7 million for the same period last year. Net loss for the period was INR 124.2 million or INR 0.25 diluted per share compared with net profit of INR 547.5 million or INR 1.12 diluted per share for the same period last year.

For the nine months, the company reported net sales of INR 55,716.1 million compared with INR 52,190.4 million for the same period last year. Loss from operations before other income, financial cost & exceptional items was INR 406.5 million compared with profit from operations before other income, financial cost & exceptional items of INR 1,201.4 million for the same period last year. Loss from ordinary activities before tax was INR 940.2 million compared with loss from ordinary activities before tax of INR 998.8 million for the same period last year. Net loss for the period was INR 636.9 million or INR 1.30 diluted per share compared with net profit of INR 698.8 million or INR 1.42 diluted per share for the same period last year.