The company reported a net interest expense for the nine month period amounting to Rs. 625.7 million, a huge 83.4 percent increase from a year earlier. Other operating income fell 65.6 percent year-on-year to Rs. 220 million, resulting in a Rs. 340.9 million loss before operating expenses, as against a profit of Rs. 754 million a year ago.
Operating expenses grew 6.66 percent year-on-year to Rs. 979 million.
The loss per share amounted to Rs. 7.87, as against 10 cents profit per share a year ago.
The company reported a loss of Rs. 510.4 million for the December 2013 quarter, 2,833 percent higher than the Rs. 17.5 million loss reported a year earlier.
As at end December 2013, the public deposits held with TFC amounted to Rs. 21.5 billion, up 3.14 percent from year earlier.
Total assets fell 2 percent to Rs. 19.7 billion.