Morarjee Textiles Limited reported unaudited earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported income from operations of INR 1,002.3 million compared to INR 843.4 million a year ago. Profit from operations before other income, finance costs was INR 150.9 million compared to INR 51.0 million a year ago. Profit from ordinary activities before tax was INR 85.8 million compared to loss from ordinary activities before tax of INR 26.0 million a year ago. Net profit after tax was INR 85.6 million or INR 2.21 basic and diluted per share compared to net loss of INR 28.0 million or INR 0.92 basic and diluted per share a year ago.

For the nine months period, the company reported income from operations of INR 2,688.2 million compared to INR 2,519.9 million a year ago. Profit from operations before other income, finance costs was INR 361.7 million compared to INR 216.4 million a year ago. Profit from ordinary activities before tax was INR 153.6 million compared to loss from ordinary activities before tax of INR 20.3 million a year ago. Net profit after tax was INR 153.6 million or INR 3.78 basic and diluted per share compared to net loss of INR 20.3 million or INR 1.00 basic and diluted per share a year ago.