Bhagwati Oxygen Ltd. announced unaudited earnings results for the third quarter and nine months ended December 31, 2011. For the quarter, the company reported net sales/income from operations of INR 42 million against INR 28.7 million a year ago. Profit from operations before other income & exceptional items were INR 2.4 million against INR 1.2 million a year ago. Net profit was INR 1.1 million or INR 0.49 per basic and diluted share before and after extraordinary item against net profit of INR 0.9 million or INR 0.40 per basic and diluted share before and after extraordinary item a year ago. For the nine months, the company reported net sales/income from operations of INR 110.7 million against INR 71.3 million a year ago. Profit from operations before other income & exceptional items were INR 5.4 million against INR 7.0 million a year ago. Net profit was INR 3.2 million or INR 1.38 per basic and diluted share before and after extraordinary item against net profit of INR 4.1 million or INR 1.79 per basic and diluted share before and after extraordinary item a year ago.