Xpro India Ltd. reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported net sales/income from operations (net of excise duty) of INR 440.495 million compared to INR 530.971 million a year ago. Loss from operations before other income, financial costs & exceptional items was INR 28.313 million compared to profit from operations before other income, financial costs & exceptional items of INR 20.786 million a year ago. Loss from ordinary activities before tax was INR 36.980 million compared to profit from ordinary activities before tax of INR 15.026 million a year ago. Net loss was INR 27.130 million or INR 2.32 per diluted share before and after extraordinary items (not annualized) compared to net profit of INR 11.026 million or INR 0.95 per diluted share before and after extraordinary items (not annualized) for the same period a year ago.

For the nine months, the company reported net sales/income from operations (net of excise duty) of INR 1,639.074 million compared to INR 2,167.581 million a year ago. Loss from operations before other income, financial costs & exceptional items was INR 30.950 million compared to profit from operations before other income, financial costs & exceptional items of INR 131.105 million a year ago. Loss from ordinary activities before tax was INR 55.885 million compared to profit from ordinary activities before tax of INR 432.943 million a year ago. Net loss was INR 40.135 million or INR 3.44 per diluted share before and after extraordinary items (not annualized) compared to net profit of INR 334.943 million or INR 28.84 per diluted share before and after extraordinary items (not annualized) for the same period a year ago.