Jamshri Ranjitsinghji Spinning & Weaving Company Ltd. reported unaudited earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported sales/income from operations of INR 103.5 million as compared to INR 110.9 million for the same period last year. Profit from operations before other income and finance cost was INR 3.0 million as compared to nil for the same period last year. Profit from ordinary activities before finance cost was INR 3.2 million as compared to INR 2 million for the same period last year. Profit before tax was INR 2.7 million as compared to loss before tax of INR 0.3 million for the same period last year. Net profit was INR 2.7 million or INR 0.38 per basic and diluted share compared to net loss INR 0.3 million or INR 0.04 per basic and diluted share for the same period last year.

For the nine months, the company reported sales/income from operations of INR 344.4 million as compared to INR 340.5 million for the same period last year. Profit from operations before other income and finance cost was INR 18.2 million as compared to loss from operations before other income and finance cost of INR 3.5 million for the same period last year. Profit from ordinary activities before finance cost was INR 18.8 million as compared to loss from ordinary activities before finance cost of INR 3.0 million for the same period last year. Profit before tax was INR 16.4 million as compared to loss before tax of INR 4.5 million for the same period last year. Net profit was INR 2.7 million or INR 0.38 per basic and diluted share compared to net loss INR 4.5 million or INR 0.65 per basic and diluted share for the same period last year.