Times Guaranty Ltd. reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2014. For the quarter, the company reported total income from operations (net) of INR 0.482 million compared to INR 7.862 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 0.520 million compared to profit from operations before other income, finance costs and exceptional items of INR 7.270 million a year ago. Loss from ordinary activates before tax was INR 0.496 million compared to profit from ordinary activates before tax of INR 7.272 million a year ago. Net loss was INR 0.496 million or INR 0.06 per basic and diluted share before and after extraordinary items compared to net profit of INR 6.600 million or INR 0.73 per basic and diluted share before and after extraordinary items a year ago.


For the nine months period, the company reported total income from operations (net) of INR 3.866 million compared to INR 15.199 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1.312 million compared to INR 13.243 million a year ago. Profit from ordinary activates before tax was INR 1.365 million compared to INR 13.248 million a year ago. Net profit was INR 0.897 million or INR 0.10 per basic and diluted share before and after extraordinary items compared to INR 11.791 million or INR 1.31 per basic and diluted share before and after extraordinary items a year ago.