Modern India Ltd. reported unaudited standalone 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) was of INR 977.831 million compared to INR 822.369 million a year ago. Profit from operations before other income, finance cost and exceptional items were INR 13.387 million compared to INR 4.782 million a year ago. Profit from ordinary activities before tax was INR 10.623 million compared to INR 13.802 million a year ago. Net profit was INR 17.495 million or INR 0.47 per diluted share compared to net loss of INR 10.221 million or INR 0.27 per diluted share a year ago.

For nine months, the company reported net sales/income from operations (net of excise duty) was of INR 3,318.279 million compared to INR 1,952.594 million a year ago. Profit from operations before other income, finance cost and exceptional items were INR 33.051 million compared to INR 16.110 million a year ago. Profit from ordinary activities before tax was INR 51.379 million compared to INR 36.223 million a year ago. Net profit was INR 40.459 million or INR 1.08 per diluted share compared to net loss of INR 27.973 million or INR 0.75 per diluted share a year ago.