MVL Industries Ltd. announced unaudited standalone earnings results for the quarter ended September 30, 2013. For the quarter, the company reported net sales of INR 0.124 million against INR 22.750 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 7.434 million against INR 27.803 million a year ago.

Loss from ordinary activities before tax was INR 96.051 million against INR 289.748 million a year ago. Net loss for the period was INR 86.051 million against INR 289.712 million a year ago. Basic and diluted loss per share before and after extraordinary items was INR 3.65 against INR 11.00 a year ago.