Maharashtra Seamless Limited reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2013. For the quarter, the company reported net profit of INR 209.9 million or INR 3.06 per basic and diluted share on net sales/income from operations of INR 2,667.8 million compared to net profit of INR 284.0 million or INR 4.03 per basic and diluted share on net sales/income from operations of INR 3,916.2 million a year ago. Profit from ordinary activities before tax was INR 233.0 million compared to INR 380.7 million a year ago. Profit from operations before other income, financial costs and exceptional items was INR 48.0 million compared to INR 246.2 million a year ago.

For the nine months period, the company reported net profit of INR 687.3 million or INR 10.01 per basic and diluted share on net sales/income from operations of INR 8,785.2 million compared to net profit of INR 1,370.9 million or INR 19.43 per basic and diluted share on net sales/income from operations of INR 13,933.1 million a year ago. Profit from ordinary activities before tax was INR 843.0 million compared to INR 1,797.7 million a year ago. Profit from operations before other income, financial costs and exceptional items was INR 447.1 million compared to INR 1,424.8 million a year ago.