Sheel International Limited reported standalone unaudited earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported loss from operations before other income, financial cost & exceptional items was INR 0.034 million compared with INR 0.247 million for the same period last year. Loss from ordinary activities before tax was INR 0.034 million compared with INR 0.208 million for the same period last year. Net loss for the period was INR 0.034 million or INR 0.01 basic and diluted per share compared with INR 0.208 million or INR 0.03 basic and diluted per share for the same period last year.

For the nine months, the company reported loss from operations before other income, financial cost & exceptional items was INR 0.252 million compared with INR 1.314 million for the same period last year. Loss from ordinary activities before tax was INR 0.213 million compared with INR 1.236 million for the same period last year. Net loss for the period was INR 0.213 million or INR 0.04 basic and diluted per share compared with INR 1.236 million or INR 0.21 basic and diluted per share for the same period last year.