Thirumalai Chemicals Ltd. announced unaudited consolidated and standalone financial results for the third quarter and nine months ended December 31, 2014. For the quarter, on standalone basis, the company reported net sales/income from operations of INR 2,186.7 million against INR 2,255.7 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 58.5 million against profit of INR 142.7 million a year ago. Loss from ordinary activities before tax was INR 85.3 million against profit of INR 63.2 million a year ago. Net loss for the period was INR 56.8 million or INR 5.54 per diluted share against net profit of INR 37.1 million or INR 3.61 per diluted share a year ago.

For the nine months, on standalone basis, the company reported net sales/income from operations of INR 7,226.4 million against INR 7,943.3 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 173.8 million against INR 398.0 million a year ago. Profit from ordinary activities before tax was INR 27.0 million against INR 139.9 million a year ago. Net profit for the period was INR 19.6 million or INR 1.91 per diluted share against INR 95.4 million or INR 9.31 per diluted share a year ago.

For the quarter, on consolidated basis, the company reported net sales/income from operations of INR 2,571.4 million against INR 2,860.3 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 115.3 million against profit of INR 162.2 million a year ago. Loss from ordinary activities before tax was INR 173.9 million against profit of INR 78.9 million a year ago. Net loss for the period was INR 146.3 million or INR 14.29 per diluted share against net profit of INR 56.4 million or INR 5.51 per diluted share a year ago.

For the nine months, on consolidated basis, the company reported net sales/income from operations of INR 8,428.4 million against INR 9,720.8 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 123.6 million against INR 582.8 million a year ago. Loss from ordinary activities before tax was INR 109.4 million against profit of INR 277.5 million a year ago. Net loss for the period was INR 110.6 million or INR 10.80 per diluted share against net profit of INR 194.0 million or INR 18.95 per diluted share a year ago.