PH Capital Ltd. reported unaudited earnings results for third quarter and nine months ended December 31, 2011. For the quarter, the company reported net loss of INR 3.292 million or INR 1.10 per diluted share on total income of INR 5.105 million against net profit of INR 0.652 million or INR 0.22 per diluted share on total income of INR 9.423 million for same period a year ago. Loss from operations before, interest and exceptional items for the period was INR 2.689 million against profit from operations before, interest and exceptional items for the period INR 1.069 million for same period a year ago. For the nine months, the company reported net loss of INR 5.699 million or INR 1.90 per diluted share on total income of INR 19.644 million against net profit of INR 5.402 million or INR 1.80 per diluted share on total income of INR 73.636 million for same period a year ago. Loss from operations before, interest and exceptional items for the period was INR 4.183 million against profit from operations before, interest and exceptional items for the period of INR 7.345 million for same period a year ago.