Sarda Papers Limited reported unaudited earnings results for the third quarter and nine months ended September 30, 2012. For the quarter, the company reported loss from operations before other income, finance costs and exceptional items of INR 468,000 against INR 288,000 for the same period last year. Loss from ordinary activities before tax was INR 456,000 against profit from ordinary activities before tax of INR 89,000 for the same period last year. Net loss was INR 456,000 or INR 0.15 per basic and diluted share before and after extraordinary items against net profit of INR 89,000 or INR 0.03 per basic and diluted share before and after extraordinary items for the same period last year.

For the nine months, the company reported loss from operations before other income, finance costs and exceptional items of INR 1,050,000 against INR 626,000 for the same period last year. Loss from ordinary activities before tax was INR 1,013,000 against INR 266,000 for the same period last year. Net loss was INR 1,013,000 or INR 0.32 per basic and diluted share before and after extraordinary items against INR 266,000 or INR 0.09 per basic and diluted share before and after extraordinary items for the same period last year.