Bharat Gears Ltd. reported un-audited earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported total income from operations (net) of INR 906.6 million compared to INR 1,133.9 million, profit from operations before other income, finance costs and exceptional items of INR 26.7 million compared to INR 95.4 million, profit from ordinary activities before tax of INR 5.4 million compared to INR 108.7 million and net profit of INR 3.4 million or INR 0.43 per share compared to INR 82.0 million or INR 10.46 per share for the last year.

For the nine months, the company reported total income from operations (net) of INR 2,928.2 million compared to INR 3,116.7 million, profit from operations before other income, finance costs and exceptional items of INR 122.6 million compared to INR 205.8 million, profit from ordinary activities before tax of INR 58.6 million compared to INR 175.8 million and net profit of INR 38.4 million or INR 4.91 per share compared to INR 126.3 million or INR 16.04 per share for the last year.