Reliance Communications Ltd. announced unaudited standalone earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported net income from operations of INR 278.6 billion against INR 278.7 billion a year ago. Profit from operations before other income, finance costs and exceptional items was INR 32.8 billion against loss from operations before other income, finance costs and exceptional items of INR 20.6 billion a year ago. Profit from ordinary activities before tax was INR 11.0 billion against loss from ordinary activities before of INR 27.7 billion a year ago. Net profit for the period was INR 11.0 billion against net loss for the period of INR 27.7 billion a year ago. Basic and diluted earnings per share (not annualized) were INR 0.53 against basic and diluted loss per share (not annualized) of INR 1.34 a year ago.

For the nine months period, the company reported net income from operations of INR 815.6 billion against INR 846.3 billion a year ago. Profit from operations before other income, finance costs and exceptional items was INR 56.4 billion against loss from operations before other income, finance costs and exceptional items of INR 35.6 billion a year ago. Loss from ordinary activities before tax was INR 13.3 billion against INR 64.8 billion a year ago. Net loss for the period was INR 13.3 billion against INR 64.8 billion a year ago. Basic and diluted loss per share (not annualized) was INR 0.64 against INR 3.14 a year ago.