Lynx Machinery & Commercials Ltd. reported unaudited financial results for the third quarter and nine months ended Dec. 31, 2013. For the quarter, the company reported loss from operation before other income, interest and exceptional items of INR 165.2 million against profit of INR 16.6 million for the same period of last year. Loss from ordinary activities before tax was INR 130 million against profit of INR 63.5 million for the same period of last year. Net loss for the period was INR 130 million or INR 2.17 per diluted share against profit of INR 63.5 million or INR 1.06 per diluted share for the same period of last year.

For the nine months, the company reported loss from operation before other income, interest and exceptional items of INR 277.7 million against profit of INR 137.9 million for the same period of last year. Loss from ordinary activities before tax was INR 162.3 million against profit of INR 253.7 million for the same period of last year. Net loss for the period was INR 162.3 million or INR 2.71 per diluted share against profit of INR 253.7 million or INR 4.23 per diluted share for the same period of last year. Net sales/income from operations was INR 244 million against INR 1,311 million for the same period of last year.