Mount Shivalik Industries Ltd. reported unaudited earnings results for the third quarter and nine months ended March 31, 2015. For the quarter, net sales /income from operations was INR 18.089 million compared to INR 144.100 million a year ago. Loss from operations before other income finance cost and exceptional items was INR 19.318 million compared to INR 34.156 million a year ago. Loss from ordinary activities before tax was INR 34.303 million against INR 45.445 million a year ago. Net loss was INR 24.853 million or INR 4.11 per basic and diluted share before and after extraordinary items compared to net loss of INR 24.290 million or INR 4.02 per basic and diluted share before and after extraordinary items a year ago.

For the nine months, net sales /income from operations was INR 106.848 million compared to INR 484.038 million a year ago. Loss from operations before other income finance cost and exceptional items was INR 96.251 million compared to INR 90.226 million a year ago. Loss from ordinary activities before tax was INR 137.853 million against INR 120.255 million a year ago. Net loss was INR 92.742 million or INR 15.34 per basic and diluted share before and after extraordinary items compared to net loss of INR 79.697 million or INR 13.18 per basic and diluted share before and after extraordinary items a year ago.