Net 4 India Limited announced unaudited consolidated and standalone financial results for the quarter and nine months ended December 31, 2013. For the quarter, on standalone basis the company reported income from operations of INR 57.725 million against INR 828.371 million for a year ago. Loss from operations before other income and exceptional items was INR 835.198 million against profit from operations before other income and exceptional items was INR 84.775 million for a year ago. Loss before tax was INR 753.038 million against profit before tax of INR 64.253 million a year ago. Net loss for the period was INR 750.699 million or INR 37.43 per diluted share against net profit of INR 43.407 million or INR 2.16 per diluted share a year ago.

For the nine months, the company reported income from operations of INR 799.470 million against INR 2,224.894 million for a year ago. Loss from operations before other income and exceptional items was INR 1,205.616 million against profit from operations before other income and exceptional items of INR 232.457 million for a year ago. Loss before tax was INR 1,437.983 million against profit before tax of INR 184.568 million a year ago. Net loss for the period was INR 1,430.722 million or INR 71.33 per diluted share against net profit of INR 124.695 million or INR 6.22 per diluted share a year ago.

For the quarter, on consolidated basis the company reported income from operations of INR 209.673 million against INR 1,377.169 million for a year ago. Loss from operations before other income and exceptional items was INR 1,124.741 million against profit from operations before other income and exceptional items was INR 169.158 million for a year ago. Loss before tax was INR 1,289.107 million against profit before tax of INR 107.523 million a year ago. Net loss for the period was INR 1,243.425 million or INR 61.99 per diluted share against net profit of INR 72.671 million or INR 3.62 per diluted share a year ago.

For the nine months, the company reported income from operations of INR 1,370.206 million against INR 3,528.840 million for a year ago. Loss from operations before other income and exceptional items was INR 1,584.642 million against profit from operations before other income and exceptional items of INR 446.191 million for a year ago. Loss before tax was INR 2,207.910 million against profit before tax of INR 290.760 million a year ago. Net loss for the period was INR 2,120.495 million or INR 109.02 per diluted share against net profit of INR 196.539 million or INR 9.79 per diluted share a year ago.