Advani Hotels & Resorts (India) Limited announced unaudited earnings results for the third quarter and nine months ended December 31, 2013. For the quarter, the company reported net sales of INR 111.068 million compared with INR 101.337 million for the same period a year ago. Profit from operation before other income, finance cost and exceptional items was INR 25.621 million compared with INR 17.140 million for the same period a year ago. Profit from ordinary activities before tax was INR 24.920 million compared with INR 15.143 million for the same period a year ago. Net profit was INR 24.920 million or INR 0.54 per basic and diluted share before and after extraordinary items compared with INR 15.143 million or INR 0.33 per basic and diluted share before and after extraordinary items for the same period a year ago.

For the nine months, the company reported net sales of INR 218.294 million compared with INR 209.743 million for the same period a year ago. Loss from operation before other income, finance cost and exceptional items was INR 27.540 million compared with INR 12.699 million for the same period a year ago. Loss from ordinary activities before tax was INR 33.405 million compared with INR 18.032 million for the same period a year ago. Net loss was INR 33.965 million or INR 0.73 per basic and diluted share before and after extraordinary items compared with INR 18.135 million or INR 0.39 per basic and diluted share before and after extraordinary items for the same period a year ago.