Mukat Pipes Ltd. announced unaudited earnings results for the third quarter and nine months ended December 31, 2013. For the quarter, the company reported net sales/income from operations was INR 16.49 million against INR 12.225 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 0.536 million against INR 4.724 million a year ago. Profit from ordinary activities before tax was INR 0.254 million against loss from ordinary activities before tax of INR 3.919 million a year ago. Net profit was INR 0.254 million against loss of INR 3.919 million a year ago. Earnings per share before and after extraordinary items were INR 0.032 against loss of INR 0.501 a year ago.

For the nine months, the company reported net sales/income from operations was INR 32.014 million against INR 39.332 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 6.961 million against INR 21.569 million a year ago. Loss from ordinary activities before tax was INR 4.627 million against profit of INR 17.924 million a year ago. Net loss was INR 4.627 million against INR 17.924 million a year ago. Loss per share before and after extraordinary items was INR 0.591 against profit of INR 2.289 a year ago.