Gyan Developers & Builders Ltd. reported unaudited earnings results for the third quarter and nine months ended December 31, 2011. For the quarter, the company reported net sales/income from operations of INR 366,000 against INR 480,000 a year ago. Profit from operations before other income, interest and exceptional items were INR 107,000 against INR 178,000 a year ago. Profit from ordinary activities before tax was INR 107,000 against INR 178,000 a year ago. Net profit was INR 75,000 or INR 0.025 per basic and diluted share before and after extraordinary items against net profit of INR 125,000 or INR 0.042 per basic and diluted share before and after extraordinary items a year ago. Total income was INR 527,000 against INR 650,000 a year ago. For the nine months, the company reported net sales/income from operations of INR 1,811,000 against INR 1,530,000 a year ago. Profit from operations before other income, interest and exceptional items were INR 1,340,000 against INR 673,000 a year ago. Profit from ordinary activities before tax was INR 1,340,000 against INR 673,000 a year ago. Net profit was INR 938,000 or INR 0.313 per basic and diluted share before and after extraordinary items against net profit of INR 471,000 or INR 0.157 per basic and diluted share before and after extraordinary items a year ago. Total income was INR 2,523,000 against INR 2,085,000 a year ago.