Texmo Pipes and Products Limited announced unaudited standalone earnings results for the third quarter and nine ended December 31, 2012. For the quarter, the company reported net sales of INR 477.796 million compared to INR 458.562 million a year ago. Profit from operations before exchange rate difference, other income, finance costs, tax and exceptional items was INR 39.811 million compared to INR 28.172 million a year ago. Profit from ordinary activities before tax was INR 19.124 million compared to INR 14.070 million a year ago. Net profit for the period was INR 12.929 million compared to INR 9.505 million a year ago. Basic and diluted EPS before and after extraordinary items was INR 0.54 compared to INR 0.40 a year ago.

For the nine months, the company reported net sales of INR 1,195.911 million compared to INR 1,005.987 million a year ago. Profit from operations before exchange rate difference, other income, finance costs, tax and exceptional items was INR 78.758 million compared to INR 116.342 million a year ago. Profit from ordinary activities before tax was INR 21.131 million compared to INR 64.299 million a year ago. Net profit for the period was INR 14.286 million compared to INR 43.437 million a year ago. Basic and diluted EPS before and after extraordinary items was INR 0.60 compared to INR 1.82 a year ago.