Surana Ventures Limited announced unaudited earnings results for the third quarter and nine months ended December 31, 2011. For the quarter, the company reported net profit of INR 1.01 million or $0.04 per basic and diluted share before and after extraordinary items and profit from operations before other income, interest and exceptional items of INR 9.78 million on net sales of INR 270.84 million compared to net profit of INR 36.72 million or $1.49 per basic and diluted share before and after extraordinary items and profit from operations before other income, interest and exceptional items of INR 47.09 million on net sales of INR 247.43 million for the same period a year ago. For the nine months, the company reported net loss of INR 26.86 million or $0.11 per basic and diluted share before and after extraordinary items and profit from operations before other income, interest and exceptional items of INR 17.61 million on net sales of INR 607.08 million compared to net profit of INR 124.82 million or $5.07 per basic and diluted share before and after extraordinary items and profit from operations before other income, interest and exceptional items of INR 165.02 million on net sales of INR 757.44 million for the same period a year ago.