Coral Newsprint Ltd. reported unaudited earnings results for the third quarter and nine months ended September 30, 2012. For the quarter, the company reported net sales/income from operations of INR 26.512 million compared to INR 32.568 million a year ago. Loss from operations before other income, interest and exceptional items was INR 2.607 million compared to profit from operations before other income, interest and exceptional items of INR 1.119 million a year ago. Loss from ordinary activities before tax and net loss for the period was INR 2.607 million or INR 0.52 per basic and diluted share before and after extraordinary items compared to profit from ordinary activities before tax and net profit for the period of INR 1.104 million or INR 0.22 per basic share before and after extraordinary items a year ago.

For the nine months, the company reported net sales/income from operations of INR 81.778 million compared to INR 96.377 million a year ago. Loss from operations before other income, interest and exceptional items was INR 1.351 million compared to profit from operations before other income, interest and exceptional items of INR 4.279 million a year ago. Loss from ordinary activities before tax and net loss for the period was INR 1.841 million or INR 0.36 per basic and diluted share before and after extraordinary items compared to profit from ordinary activities before tax and net profit for the period of INR 4.234 million or INR 0.84 per basic share before and after extraordinary items a year ago.