Gujarat NRE Coke Ltd. reported unaudited earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company's net profit for the period was INR 201.2 million, or INR 0.34 per basic and diluted share compared to net profit for the period of INR 19.0 million, or INR 0.03 per basic and diluted share a year ago. Net sales/income from operations (net of excise duty) was INR 5,271.1 million compared to INR 3,355.7 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 1,132.9 million against INR 838.5 million a year ago. Profit from ordinary activities before tax was INR 318.7 million against INR 27.7 million a year ago.

For the nine months, the company's net profit for the period was INR 258.2 million, or INR 0.44 per basic and diluted share compared to net profit for the period of INR 486.0 million or INR 0.84 per diluted share per basic and diluted share a year ago. Net sales/income from operations (net of excise duty) was INR 13,850.6 million compared to INR 10,417.6 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 2,458.0 million against INR 2,142.9 million a year ago. Profit from ordinary activities before tax was INR 407.2 million against INR 735.0 million a year ago.