Malwa Cotton Spinning Mills Ltd. reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2014. For the quarter, the company reported net sales of INR 244.0 million, loss from operations before other income, finance costs and exceptional items of INR 60.8 million, loss from ordinary activities before tax of INR 61.8 million and net loss of INR 61.8 million or INR 1.07 per diluted share after extraordinary items (not annualised) compared to net sales of INR 428.7 million, loss from operations before other income, finance costs and exceptional items of INR 75.6 million, loss from ordinary activities before tax of INR 75.4 million and net loss of INR 75.4 million or INR 4.38 per diluted share after extraordinary items (not annualised) reported in the same period last year.

For the nine months, the company reported net sales of INR 972.2 million, loss from operations before other income, finance costs and exceptional items of INR 347.3 million, loss from ordinary activities before tax of INR 345.1 million and net loss of INR 345.1 million or INR 17.01 per diluted share after extraordinary items (not annualised) compared to net sales of INR 1,468.1 million, loss from operations before other income, finance costs and exceptional items of INR 360.0 million, loss from ordinary activities before tax of INR 364.2 million and net loss of INR 364.2 million or INR 31.89 per diluted share after extraordinary items (not annualised) reported in the same period last year.