Times Guaranty Ltd. announced unaudited financial results for the third quarter and nine months ended December 31, 2013. For the quarter, the company reported total income from operations of INR 7.862 million against INR 8.012 million a year ago. Profit from operations before income, finance costs and exceptional items was INR 7.27 million against INR 7.468 million a year ago. Profit from ordinary activities before tax was INR 7.272 million against INR 7.468 million a year ago. Profit for the period was INR 6.6 million or INR 0.73 per diluted share against INR 7.468 million or INR 0.83 per diluted share a year ago.

For the nine months, the company reported total income from operations of INR 15.199 million against INR 23.016 million a year ago. Profit from operations before income, finance costs and exceptional items was INR 13.243 million against INR 21.433 million a year ago. Profit from ordinary activities before tax was INR 13.248 million against INR 21.448 million a year ago. Profit for the period was INR 11.791 million or INR 1.31 per diluted share against INR 20.048 million or INR 2.23 per diluted share a year ago.