Gravity (India) Limited reported unaudited earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported net sales/income from operations of INR 75.321 million against INR 89.401 million a year ago. Loss from operations before other income, finance cost and exceptional items was INR 1.078 million against profit from operations before other income, finance cost and exceptional items of INR 0.150 million a year ago. Loss from ordinary activities after tax was INR 0.932 million against profit from ordinary activities after tax of INR 0.165 million a year ago. Net loss for the period was INR 1.082 million or INR 0.12 per basic and diluted share against net profit for the period of INR 0.165 million or INR 0.02 per basic and diluted share a year ago.
 
For the year to date, the company reported net sales/income from operations of INR 245.566 million against INR 22.018 million a year ago. Loss from operations before other income, finance cost and exceptional items was INR 0.962 million against profit from operations before other income, finance cost and exceptional items of INR 0.276 million a year ago. Loss from ordinary activities after tax was INR 0.466 million against profit from ordinary activities after tax of INR 0.675 million a year ago. Net loss for the period was INR 0.891 million or INR 0.10 per basic and diluted share against net profit for the period of INR 0.325 million or INR 0.04 per basic and diluted share a year ago.