Garnet Construction Ltd. reported unaudited earnings results for the third quarter and nine months ended December 31, 2011. For the quarter, the company reported net sales of INR 3.659 million, loss before tax and profit after tax of INR 5.921 million or INR 0.43 per share against net sales of INR 14.076 million, loss before tax and profit after tax of INR 23.484 million or INR 0.43 per share for the same period a year ago. For the nine months, the company reported net sales of INR 19.611 million, loss before tax and profit after tax of INR 30.218 million or INR 2.78 per share against net sales of INR 30.218 million, loss before tax and profit after tax of INR 23.484 million or INR 2.17 per share for the same period a year ago.