Usha Martin Education & Solutions Limited announced unaudited consolidated earnings results for the third quarter and first nine months ended December 31, 2014. For the quarter, the company announced net sales or income from operations, net of excise duty of INR 5.997 million compared to INR 1.735 million a year ago. Loss from operations before other income, finance costs and exceptional items were INR 5.249 million compared to INR 10.183 million a year ago. Loss from ordinary activities before tax was INR 5.613 million compared to INR 10.085 million a year ago. Net loss was INR 5.622 million or INR 0.21 per basic and diluted share for before and after extraordinary items compared to INR 10.176 million or INR 0.39 per basic and diluted share for before and after extraordinary items a year ago.

For the first nine months, the company announced net sales or income from operations, net of excise duty of INR 24.238 million compared to INR 35.915 million a year ago. Loss from operations before other income, finance costs and exceptional items were INR 12.666 million compared to INR 17.866 million a year ago. Loss from ordinary activities before tax was INR 13.553 million compared to INR 15.118 million a year ago. Net loss was INR 13.581 million or INR 0.51 per basic and diluted share for before and after extraordinary items compared to INR 15.578 million or INR 0.59 per basic and diluted share for before and after extraordinary items a year ago.