Prime Industries Ltd. reported unaudited earnings results for the third quarter and nine months ended December 31, 2013. For the quarter, net sales /income from operations was INR 72.635 million compared to INR 44.348 million a year ago. Profit from operations before other income finance cost and exceptional items was INR 0.486 million compared to loss from operations before other income finance cost and exceptional items of INR 3.590 million a year ago. Profit from ordinary activities before tax was INR 0.544 million against loss from ordinary activities before tax of INR 35.020 million a year ago. Net profit was INR 0.544 million or INR 0.01 per basic and diluted share before and after extraordinary items compared to net loss of INR 3.520 million or INR 0.30 per basic and diluted share before and after extraordinary items a year ago.

For the nine months, net sales /income from operations was INR 147.968 million compared to INR 77.965 million a year ago. Loss from operations before other income finance cost and exceptional items was INR 6.090 million compared to INR 14.248 million a year ago. Loss from ordinary activities before tax was INR 6.046 million against INR 15.404 million a year ago. Net loss was INR 6.046 million or INR 0.06 per basic and diluted share before and after extraordinary items compared to net loss of INR 15.404 million or INR 1.31 per basic and diluted share before and after extraordinary items a year ago.