Tricom India 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 net sales/income from operations of INR 188.573 million against INR 188.413 million for the same period previous year. Profit from operations before other income, finance costs & exceptional items was INR 28.775 million against loss from operations before other income, finance costs & exceptional items of INR 12.756 million for the same period of previous year. Loss from ordinary activities before tax was INR 26.246 million against INR 12.751 million for the same period of previous year. Net loss was INR 41.222 million or INR 0.52 per basic and diluted share compared to INR 15.768 million or INR 0.20 per basic and diluted share for the same period of previous year.

For the nine months, on consolidated basis, the company reported net sales/income from operations of INR 471.340 million against INR 652.506 million for the same period previous year. Loss from operations before other income, finance costs & exceptional items was INR 265.576 million against profit from operations before other income, finance costs & exceptional items of INR 106.282 million for the same period of previous year. Loss from ordinary activities before tax was INR 83.135 million against profit from ordinary activities before tax of INR 29.806 million for the same period of previous year. Net loss was INR 110.791 million or INR 1.40 per basic and diluted share compared to net profit of INR 17.244 million or INR 0.22 per basic and diluted share for the same period of previous year.

For the quarter, on standalone basis, the company reported net sales/income from operations of INR 104.490 million against INR 84.306 million for the same period previous year. Profit from operations before other income, finance costs & exceptional items was INR 21.689 million against INR 7.794 million for the same period of previous year. Loss from ordinary activities before tax was INR 31.931 million against profit from ordinary activities before tax of INR 4.916 million for the same period of previous year. Net loss was INR 39.300 million or INR 0.50 per basic and diluted share compared to net profit of INR 3.321 million or INR 0.04 per basic and diluted share for the same period of previous year.

For the nine months, on standalone basis, the company reported net sales/income from operations of INR 275.537 million against INR 375.711 million for the same period previous year. Loss from operations before other income, finance costs & exceptional items was INR 19.814 million against profit from operations before other income, finance costs & exceptional items of INR 89.985 million for the same period of previous year. Loss from ordinary activities before tax was INR 85.457 million against profit from ordinary activities before tax of INR 17.076 million for the same period of previous year. Net loss was INR 107.078 million or INR 1.35 per basic and diluted share compared to net profit of INR 11.536 million or INR 0.15 per basic and diluted share for the same period of previous year.