Sowbhagya Media Limited reported unaudited earnings results for the third quarter and nine months ended December 31, 2013. For the quarter, the company reported net sales of INR 6.240 million against INR 13.520 million a year ago. Loss from operations before other income, interest and exceptional items was INR 0.899 million against profit from operations before other income, interest and exceptional items of INR 1.326 million a year ago. Loss from ordinary activities before tax was INR 0.617 million against profit from ordinary activities before tax of INR 1.550 million a year ago. Net loss for the period was INR 0.421 million against net profit for the period of INR 1.036 million a year ago. Basic and diluted loss per share before and after extraordinary items was INR 0.04 against basic and diluted earnings per share before and after extraordinary items of INR 0.09 a year ago.

For the nine months, the company reported net sales of INR 23.220 million against INR 40.220 million a year ago. Loss from operations before other income, interest and exceptional items was INR 1.206 million against profit from operations before other income, interest and exceptional items of INR 4.296 million a year ago. Loss from ordinary activities before tax was INR 0.546 million against profit from ordinary activities before tax of INR 4.814 million a year ago. Net loss for the period was INR 0.390 million against net profit for the period of INR 3.517 million a year ago. Basic and diluted loss per share before and after extraordinary items was INR 0.04 against basic and diluted earnings per share before and after extraordinary items of INR 0.32 a year ago.