Servalakshmi Paper Limited, Board Meeting, May 16, 2013. Agenda: To consider the audited financial results of the company for the quarter and financial year ended March 31, 2013; and to consider the dividend.

Servalakshmi Paper Limited announced that they will report Q4, 2013 results on May 16, 2013

Servalakshmi Paper Limited announced unaudited 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 426.497 million compared to INR 144.862 million a year ago. Loss from operations before other income, financial costs & exceptional items was INR 33.765 million compared to INR 87.529 million a year ago. Loss from ordinary activities before tax was INR 141.596 million compared to INR 185.220 million a year ago. Net loss was INR 141.596 million or INR 3.28 per basic and diluted share after extraordinary items compared to INR 185.220 million or INR 4.30 per basic and diluted share after extraordinary items 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 1,368.874 million compared to INR 540.916 million a year ago. Loss from operations before other income, financial costs & exceptional items was INR 76.900 million compared to INR 314.724 million a year ago. Loss from ordinary activities before tax was INR 379.923 million compared to INR 597.816 million a year ago. Net loss was INR 379.923 million or INR 8.81 per basic and diluted share after extraordinary items compared to INR 579.816 million or INR 13.45 per basic and diluted share after extraordinary items for the same period a year ago.