Sugal & Damani Share Brokers Ltd. reported unaudited earnings results for the third quarter and nine months ended December 31, 2011. For the third quarter, the company reported net sales/income from operations of INR 7.88 million compared to INR 20.28 million a year ago. Profit from operations before other income, interest & exceptional items were INR 0.31 million compared to INR 6.17 million a year ago. Loss from ordinary activities before tax was INR 0.63 million compared to profit from ordinary activities before tax of INR 3.69 million a year ago. Net loss was INR 0.63 million or INR 0.10 per basic and diluted share compared to net profit of INR 2.19 million or INR 0.35 per basic and diluted share for the same period a year ago. For the nine months, the company reported net sales/income from operations of INR 28.03 million compared to INR 56.52 million a year ago. Profit from operations before other income, interest & exceptional items was INR 4.10 million compared to INR 18.27 million a year ago. Loss from ordinary activities before tax was INR 0.038 million compared to profit from ordinary activities before tax of INR 11.86 million a year ago. Net loss was INR 0.038 million or INR 0.01 per basic and diluted share compared to net profit of INR 7.91 million or INR 1.27 per basic and diluted share for the same period a year ago.