IITL Projects Limited reported unaudited earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported income from operations of INR 44.900 million, total income from operations of INR 44.900 million, profit from operations before other income, finance costs and exceptional items of INR 3.139 million, loss from ordinary activities before tax of INR 1.203 million, net loss of INR 1.197 million or INR 0.24 per basic and diluted share compared to the income from operations of INR 72.652 million, total income from operations of INR 72.652 million, profit from operations before other income, finance costs and exceptional items of INR 8.890 million, loss from ordinary activities before tax of INR 5.936 million, net loss of INR 7.279 million or INR 1.45 per basic and diluted share for the same quarter year ago.

For the nine months period, the company reported income from operations of INR 109.857 million, total income from operations of INR 110.752 million, profit from operations before other income, finance costs and exceptional items of INR 3.562 million, loss from ordinary activities before tax of INR 19.535 million, net loss of INR 19.560 million or INR 3.92 per basic and diluted share compared to the income from operations of INR 187.233 million, total income from operations of INR 188.953 million, profit from operations before other income, finance costs and exceptional items of INR 9.302 million, loss from ordinary activities before tax of INR 3.691 million, net loss of INR 5.108 million or INR 1.02 per basic and diluted share for the same period year ago.