Pioneer Agro Extracts Ltd. announced earnings results for the third quarter and nine months ended December 31, 2013. For the quarter, net sales/income from operations was INR 113.196 million against INR 145.352 million a year ago. Profit from operations before other income, interest and exceptional items was INR 0.859 million against INR 1.262 million last year. Net loss for the period was INR 0.641 million against net profit of INR 0.182 million last year. Basic and diluted EPS after extraordinary items for the period was nil against INR 0.04 last year.

For the nine months, net sales/income from operations was INR 276.744 million against INR 458.737 million a year ago. Loss from operations before other income, interest and exceptional items was INR 9.507 million against profit from operations before other income, interest and exceptional items of INR 6.096 million last year. Net loss for the period was INR 12.186 million against net profit of INR 1.671 million last year. Basic and diluted EPS after extraordinary items for the period was nil against INR 0.39 last year.