Tricom India Limited reported unaudited consolidated and standalone earnings results for the third quarter and nine months ended December 31, 2014. For the quarter, on consolidated basis, the company reported net sales/income from operations of INR 71.952 million against INR 188.573 million for the same period previous year. Loss from operations before other income, finance costs & exceptional items was INR 43.307 million against profit from operations before other income, finance costs & exceptional items of INR 41.638 million for the same period of previous year. Loss from ordinary activities before tax was INR 150.253 million against INR 26.246 million for the same period of previous year. Net loss was INR 156.554 million or INR 1.98 per basic and diluted share compared to INR 41.222 million or INR 0.52 per basic and diluted share for the same period of previous year.

For the nine months, on consolidated basis, the company reported net sales/income from operations of INR 327.934 million against INR 471.340 million for the same period previous year. Loss from operations before other income, finance costs & exceptional items was INR 131.594 million against INR 252.713 million for the same period of previous year. Loss from ordinary activities before tax was INR 243.837 million against INR 83.135 million for the same period of previous year. Net loss was INR 256.733 million or INR 3.24 per basic and diluted share compared to net profit of INR 110.791 million or INR 1.40 per basic and diluted share for the same period of previous year.

For the quarter, on standalone basis, the company reported net sales/income from operations of INR 62.103 million against INR 104.490 million for the same period previous year. Loss from operations before other income, finance costs & exceptional items was INR 20.372 million against profit from operations before other income, finance costs & exceptional items of INR 21.689 million for the same period of previous year. Loss from ordinary activities before tax was INR 133.655 million against profit from ordinary activities before tax of INR 31.931 million for the same period of previous year. Net loss was INR 139.214 million or INR 1.76 per basic and diluted share compared to net profit of INR 39.300 million or INR 0.50 per basic and diluted share for the same period of previous year.

For the nine months, on standalone basis, the company reported net sales/income from operations of INR 204.810 million against INR 275.537 million for the same period previous year. Loss from operations before other income, finance costs & exceptional items was INR 68.403 million against INR 19.814 million for the same period of previous year. Loss from ordinary activities before tax was INR 192.423 million against INR 85.458 million for the same period of previous year. Net loss was INR 201.037 million or INR 2.54 per basic and diluted share compared to INR 107.078 million or INR 1.35 per basic and diluted share for the same period of previous year.