Mahalaxmi Seamless Ltd. reported unaudited earnings results for the first quarter ended June 30, 2012. For the quarter, the company reported net sales/income from operations of INR 77.185 million compared to INR 49.63 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 0.739 million compared to loss from operations before other income, finance costs and exceptional items of INR 1.57 million a year ago.

Loss from ordinary activities before tax was INR 2.454 million compared to INR 2.95 million a year ago. Net loss was INR 2.454 million or INR 0.48 per basic and diluted share compared to INR 2.95 million or INR 0.56 per basic and diluted share reported a year ago.