Mukat Pipes Ltd. announced unaudited earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported net sales were INR 9.23 million against INR 43.33 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 7.71 million against INR 8.15 million a year ago. Loss from ordinary activities before tax was INR 3.92 million against profit of INR 120.7 million a year ago. Net loss was INR 3.92 million against profit of INR 120.71 million a year ago. Loss per share before and after extraordinary items was INR 0.501 against profit of INR 15.417 a year ago.

For the nine months, the company reported net sales were INR 39.33 million against INR 91.92 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 21.57 million against INR 23.38 million a year ago. Loss from ordinary activities before tax was INR 17.92 million against profit of INR 233.1 million a year ago. Net loss was INR 17.92 million against profit of INR 233.1 million a year ago. Loss per share before and after extraordinary items was INR 2.289 against profit of INR 29.770 a year ago.