Pasari Spinning Mills Ltd. announced unaudited earnings results for the third quarter and nine months ended December 31, 2011. For the quarter, the company reported net sales of INR 19.428 million against INR 94.789 million a year ago. Loss from operations before other income, interest and exceptional items was INR 8.888 million against profit from operations before other income, interest and exceptional items of INR 4.048 million a year ago. Loss from ordinary activities before tax was INR 8.994 million against profit from ordinary activities before tax of INR 3.838 million a year ago. Net loss for the period was INR 8.995 million against net profit for the period of INR 3.483 million a year ago. Basic and diluted loss per share before and after extraordinary items was INR 0.652 against basic and diluted earnings per share before and after extraordinary items of INR 0.252 a year ago. For the nine months, the company reported net sales of INR 106.816 million against INR 180.326 million a year ago. Loss from operations before other income, interest and exceptional items was INR 18.373 million against profit from operations before other income, interest and exceptional items of INR 7.6546 million a year ago. Loss from ordinary activities before tax was INR 18.814 million against profit from ordinary activities before tax of INR 6.63 million a year ago. Net loss for the period was INR 19.473 million against net profit for the period of INR 4.847 million a year ago. Basic and diluted loss per share before and after extraordinary items was INR 1.77 against basic and diluted earnings per share before and after extraordinary items of INR 0.35 a year ago.