Mangalore Refinery and Petrochemicals Limited announced unaudited earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported net sales of INR 1,799.209 million compared with INR 1,291.959 million for the same period a year ago. Loss from operations before other income, interest and exceptional items was INR 2,239.5 million compared with profit from operations before other income, interest and exceptional items of INR 2,002.9 million for the same period a year ago. Loss from ordinary activities before tax was INR 2,932.2 million compared with profit from ordinary activities before tax of INR 1,615.1 million for the same period a year ago. Net loss was INR 3,595.8 million or INR 2.05 per basic share compared with net profit of INR 1,097.5 million or INR 0.63 per basic share for the same period a year ago.

For the nine months, the company reported net sales of INR 4,711.200 million compared with INR 3,792.495 million for the same period a year ago. Loss from operations before other income, interest and exceptional items was INR 3,421.0 million compared with profit from operations before other income, interest and exceptional items of INR 3,110.3 million for the same period a year ago. Loss from ordinary activities before tax was INR 5,233.1 million compared with profit from ordinary activities before tax of INR 4,285.4 million for the same period a year ago. Net loss was INR 6,950.1 million or INR 3.97 per basic share compared with net profit of INR 3,066.1 million or INR 1.75 per basic share for the same period a year ago.