Oswal Yarns Ltd. reported unaudited earnings results for the third quarter and nine months ended December 31, 2013. For the quarter, the company's net sales/income from operations of INR 15.070 million compared with INR 14.459 million a year ago. Profit from operations before other income, interest and exceptional items was INR 0.002 million compared with loss from operations before other income, interest and exceptional items of INR 0.094 million a year ago. Loss from ordinary activities before tax was INR 0.302 million compared with INR 0.112 million a year ago. Net loss was INR 0.302 million or INR 0.07 per basic and diluted share before extraordinary items compared with INR 0.112 million or INR 0.02 per basic and diluted share before extraordinary items a year ago.

For the nine months, the company's net sales/income from operations was INR 43.368 million compared with INR 40.664 million a year ago. Profit from operations before other income, interest and exceptional items was INR 0.007 million compared with loss from operations before other income, interest and exceptional items of INR 0.253 million a year ago. Loss from ordinary activities before tax was INR 0.929 million compared with INR 0.757 million a year ago. Net loss was INR 0.929 million or INR 0.23 per basic and diluted share before extraordinary items compared with INR 0.757 million or INR 0.19 per basic and diluted share before extraordinary items a year ago.