Tanla Solutions Limited reported unaudited consolidated and standalone earnings results for the third quarter and nine months ended December 31, 2013. For the quarter, on consolidated basis, the company reported total income from operations of INR 231.341 million against INR 244.781 million for the same period a year ago. Loss from operations before other income, finance costs and exceptional items was INR 68.680 million against INR 301.968 million a year ago. Loss from ordinary activities before tax was INR 17.708 million against INR 294.234 million a year ago. Net profit for the period was INR 18.953 million or INR 0.19 per basic and diluted share against net loss for the period was INR 290.308 million or INR 2.86 per basic and diluted share a year ago. net revenue stood at INR 231.3 million against INR 231.6 million a quarter ago. EBITDA has increased by 99% quarter-on-quarter from INR 83.0 million to INR 165.1 million on account of recovery of Bad Debts written off in earlier years in subsidiary companies.

For the nine months, on consolidated basis, the company reported total income from operations of INR 690.726 million against INR 878.242 million for the same period a year ago. Loss from operations before other income, finance costs and exceptional items was INR 217.890 million against INR 925.752 million a year ago. Loss from ordinary activities before tax was INR 114.169 million against INR 904.330 million a year ago. Net loss for the period was INR 110.946 million or INR 1.09 per basic and diluted share against INR 884.359 million or INR 8.71 per basic and diluted share a year ago.

For the quarter, on standalone basis, the company reported total income from operations of INR 56.800 million against INR 52.913 million for the same period a year ago. Loss from operations before other income, finance costs and exceptional items was INR 9.172 million against INR 40.822 million a year ago. Profit from ordinary activities before tax was INR 1.532 million against loss from ordinary activities before tax of INR 33.088 million a year ago. Net profit for the period was INR 2.777 million or INR 0.03 per basic and diluted share against net loss for the period was INR 29.162 million or INR 0.29 per basic and diluted share a year ago.

For the nine months, on standalone basis, the company reported total income from operations of INR 200.299 million against INR 196.939 million for the same period a year ago. Loss from operations before other income, finance costs and exceptional items was INR 31.702 million against INR 89.325 million a year ago. Profit from ordinary activities before tax was INR 6.366 million against loss from ordinary activities before tax of INR 68.815 million a year ago. Net profit for the period was INR 9.589 million or INR 0.09 per basic and diluted share against net loss for the period was INR 48.844 million or INR 0.48 per basic and diluted share a year ago.