Frontline Securities Ltd. reported unaudited earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported net sales of INR 19.5 million compared to INR 8.76 million a year ago. Profit from operations activities before finance costs & exceptional items was INR 18.44 million compared to INR 7.29 million a year ago. Profit from ordinary activities before tax was INR 18.44 million compared to INR 7.29 million a year ago. Net profit was INR 12.88 million or INR 1.35 per basic and diluted share compared to INR 5.97 million or INR 0.63 per basic and diluted share a year ago.

For the nine months, the company reported net sales of INR 52.19 million compared to INR 34.63 million a year ago. Profit from operations activities before finance costs & exceptional items was INR 48.84 million compared to INR 30.78 million a year ago. Profit from ordinary activities before tax was INR 48.84 million compared to INR 30.77 million a year ago. Net profit was INR 34.86 million or INR 3.67 per basic and diluted share compared to INR 23.64 million or INR 2.48 per basic and diluted share a year ago.