Usha Martin Education & Solutions Limited reported unaudited consolidated and standalone earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the consolidated company's net sales /income from operations (net of excise duty) was INR 13.415 million against INR 71.524 million a year ago. Loss from operations before other income, finance costs & exceptional items was INR 18.573 million against profit of INR 31.124 million a year ago. Loss from ordinary activities before tax was INR 18.318 million against profit of INR 30.998 million a year ago. Net loss for the period was INR 18.324 million or INR 0.69 basic and diluted per share of INR 1 each against profit of INR 30.983 million or INR 1.17 basic and diluted per share of INR 1 each a year ago.

For the nine months, the consolidated company's net sales /income from operations (net of excise duty) was INR 93.790 million against INR 104.710 million a year ago. Loss from operations before other income, finance costs & exceptional items was INR 19.220 million against INR 17.726 million a year ago. Loss from ordinary activities before tax was INR 19.402 million against INR 16.195 million a year ago. Net loss for the period was INR 19.463 million or INR 0.74 basic and diluted per share of INR 1 each against INR 16.987 million or INR 0.64 basic and diluted per share of INR 1 each a year ago.

For the quarter, the standalone company's net sales /income from operations (net of excise duty) was INR net sales /income from operations (net of excise duty) was INR 2.915 million against INR 64.099 million a year ago. Loss from operations before other income, finance costs & exceptional items was INR 18.595 million against profit of INR 31.192 million a year ago. Loss from ordinary activities before tax was INR 18.396 million against profit of INR 30.865 million a year ago. Net loss for the period was INR 18.396 million or INR 0.70 basic and diluted per share of INR 1 each against profit of INR 30.865 million or INR 1.17 basic and diluted per share of INR 1 each a year ago.

For the nine months, the standalone company's net sales /income from operations (net of excise duty) was INR 69.490 million against INR 84.460 million a year ago. Loss from operations before other income, finance costs & exceptional items was INR 19.283 million against INR 17.324 million a year ago. Loss from ordinary activities before tax was INR 19.722 million against INR 16.516 million a year ago. Net loss for the period was INR 19.722 million or INR 0.75 basic and diluted per share of INR 1 each against INR 17.230 million or INR 0.65 basic and diluted per share of INR 1 each a year ago.