Patspin India Ltd. reported unaudited earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported net sales of INR 1,056.2 million against INR 883.6 million a year ago. Loss from operations before other income, finance cost and exceptional items was INR 8.7 million against INR 85.7 million a year ago. Loss from ordinary activities before tax was INR 87.3 million against INR 155.2 million a year ago. Net loss for the period was INR 87.3 million against INR 155.2 million a year ago. Basic and diluted loss per share was INR 2.82 against INR 5.02 a year ago.

For the nine months, the company reported net sales of INR 3,588.4 million against INR 3,046.1 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 19.7 million against INR 5.3 million a year ago. Loss from ordinary activities before tax was INR 186.3 million against INR 186.5 million a year ago. Net loss for the period was INR 186.3 million against INR 186.5 million a year ago. Basic and diluted loss per share was INR 6.03 against INR 6.03 a year ago.