Moryo Industries Ltd. announced unaudited earnings results for the third quarter and nine months ended December 31, 2013. For the quarter, the company reported net sales of INR 0.497 million against INR 14.729 million a year ago. Loss from operations before other income, interest and exceptional items was INR 14.089 million against profit from operations before other income, finance costs and exceptional items of INR 1.212 million a year ago. Loss from ordinary activities before tax was INR 14.089 million against profit from ordinary activities before tax of INR 1.212 million a year ago. Net loss for the period was INR 14.089 million against net profit for the period of INR 1.212 million a year ago. Basic and diluted loss per share before and after extraordinary items was INR 0.85 against basic and diluted earnings per share before and after extraordinary items of INR 0.07 a year ago.

For the nine months period, the company reported net sales of INR 94.831 million against INR 14.729 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 33.121 million against INR 1.162 million a year ago. Profit from ordinary activities before tax was INR 33.121 million against INR 1.162 million a year ago. Net profit for the period was INR 33.121 million against INR 1.162 million a year ago. Basic and diluted loss per share before and after extraordinary items was INR 2.01 against INR 0.07 a year ago.