JK Paper Ltd. reported unaudited earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported total income from operations (net) of INR 3,685.2 million compared to INR 3,270.6 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 36.4 million compared to INR 99.9 million a year ago. Loss from ordinary activities before tax was INR 57.9 million compared to profit from ordinary activities before tax of INR 54.9 million a year ago. Net loss was INR 20.8 million or INR 0.14 per basic and diluted share compared to net income of INR 46.6 million or INR 0.43 diluted per share a year ago.

For the nine months period, the company reported total income from operations (net) of INR 10,714.6 million compared to INR 9,726.8 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 389.1 million compared to INR 632.6 million a year ago. Profit from ordinary activities before tax was INR 128.5 million compared to INR 413.1 million a year ago. Net income was INR 167.2 million or INR 0.97 per diluted share compared to INR 382.0 million or INR 2.89 diluted per share a year ago.