Kanel Oil & Export Industries Limited reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported loss from operations before other income financial costs and exceptional items of INR 0.592 million compared to INR 0.537 million a year ago. Loss from ordinary activities before tax was INR 0.387 million compared to INR 0.537 million a year ago. Net loss from ordinary activities after tax was INR 0.387 million compared to INR 0.537 million a year ago. Net loss for the period was INR 0.387 million compared to INR 0.537 million a year ago.

For the nine months, the company reported loss from operations before other income financial costs and exceptional items of INR 2.087 million compared to INR 2.905 million a year ago. Loss from ordinary activities before tax was INR 1.061 million compared to INR 2.828 million a year ago. Net loss from ordinary activities after tax was INR 1.061 million compared to INR 2.828 million a year ago. Net loss for the period was INR 1.061 million compared to INR 2.832 million a year ago. Basic loss per share was INR 0.01 compared to INR 0.02 a year ago.