Hindustan Hardy Spicer Ltd. announced unaudited earnings results for the third quarter and nine months ended December 31, 2013. For the quarter, the company reported net sales of INR 105.809 million against INR 122.49 million a year ago. Profit from ordinary activities before other income, finance cost and exceptional items was INR 6.032 million against INR 4.915 million a year ago. Profit from ordinary activities before tax was INR 4.328 million against INR 3.78 million a year ago. Net profit for the period was INR 0.655 million or INR 0.44 basic per share before and after extraordinary items against INR 2.551 million or INR 1.70 basic per share before and after extraordinary items a year ago.

For the nine months, the company reported net sales of INR 352.846 million against INR 389.33 million a year ago. Profit from ordinary activities before other income, finance cost and exceptional items was INR 13.543 million against INR 18.331 million a year ago. Profit from ordinary activities before tax was INR 17.275 million against INR 15.088 million a year ago. Net profit for the period was INR 9.158 million or INR 6.11 basic per share before and after extraordinary items against INR 9.949 million or INR 6.64 basic per share before and after extraordinary items a year ago.