PNB Gilts Ltd. announced unaudited financial results for the third quarter and nine months ended December 31, 2011. For the quarter, the company reported total income of INR 408.051 million against INR 347.301 million a year ago. Net profit from ordinary activities before tax was INR 53.559 million against INR 131.530 million a year ago. Net profit for the period was INR 41.636 million or INR 0.31 per basic and diluted share against INR 92.956 million or INR 0.69 per basic and diluted share a year ago. For the nine months, reported total income of INR 954.282 million against INR 791.678 million a year ago. Net profit from ordinary activities before tax was INR 66.317 million against INR 330.909 million a year ago. Net profit for the period was INR 53.306 million or INR 0.39 per basic and diluted share against INR 229.601 million or INR 1.70 per basic and diluted share a year ago.