Malwa Cotton Spinning Mills Ltd. reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2013. For the quarter, the company reported net sales/income from operations of INR 428.7 million compared to INR 523.4 million a year ago. Total income from operations was INR 428.7 million compared to INR 523.4 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 75.6 million compared to INR 422.0 million a year ago. Loss from ordinary activities before tax was INR 75.4 million compared to INR 514.8 million a year ago. Net loss from ordinary activities after tax was INR 75.4 million compared to INR 514.8 million a year ago. Diluted loss per share before and after extraordinary items was INR 4.38 compared to INR 18.88 a year ago.

For the nine months, the company reported net sales/income from operations of INR 1,468.1 million compared to INR 2,213.2 million a year ago. Total income from operations was INR 1,468.1 million compared to INR 2,213.2 million a year ago.Loss from operations before other income, finance costs and exceptional items was INR 380.0 million compared to INR 848.8 million a year ago. Loss from ordinary activities before tax was INR 364.2 million compared to INR 1,103.2 million a year ago. Net loss from ordinary activities after tax was INR 364.2 million compared to INR 1,103.2 million a year ago. Diluted earnings per share before and after extraordinary items was INR 31.89 compared to INR 41.67 a year ago.