PAE Ltd. announced that Shri V. Suresh, Head Finance & Accounts of the company has resigned from the company and accordingly he has been relieved effective close of working hours of March 30, 2013.

PAE Ltd. reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company's net sales/income from operations was INR 305.6 million compared with INR 610.3 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 23.5 million compared with INR 5.5 million a year ago. Loss from ordinary activities before tax was INR 33.6 million compared with INR 15.7 million a year ago. Net loss was INR 33.6 million or INR 3.53 per basic and diluted share compared with INR 15.4 million or INR 1.62 per basic and diluted share a year ago. For the nine months, the company's net sales/income from operations was INR 1,051.2 million compared with INR 1,854.2 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 48.6 million compared with INR 14.9 million a year ago. Loss from ordinary activities before tax was INR 76.5 million compared with INR 39.1 million a year ago. Net loss was INR 76.5 million or INR 8.04 per basic and diluted share compared with INR 40.8 million or INR 4.29 per basic and diluted share a year ago.

PAE Ltd. announced that they will report Q3, 2013 results on Feb 05, 2013