Tayo Rolls Ltd. reported unaudited earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported net sales/income from operations (net exercise duty) of INR 381.5 million against INR 318.7 million a year ago. Loss from operations before other income, interest and exceptional items was INR 91.9 million against INR 110.6 million a year ago. Loss from ordinary activities before tax was INR 139.5 million against INR 166.5 million a year ago. Net loss for the period after tax was INR 139.5 million against INR 166.4 million a year ago. Basic and diluted loss per share before and after extra ordinary items was INR 13.60 against INR 16.22 a year ago.

For the nine months, the company reported net sales/income from operations (net exercise duty) of INR 1,216.4 million against INR 931.5 million a year ago. Loss from operations before other income, interest and exceptional items was INR 164.2 million against INR 305.8 million a year ago. Loss from ordinary activities before tax was INR 301.3 million against INR 439.6 million a year ago. Net loss for the period after tax was INR 301.3 million against INR 444.3 million a year ago. Basic and diluted loss per share before and after extra ordinary items was INR 29.36 against INR 43.30 a year ago.