Kalyani Forge Ltd. announced unaudited standalone earnings results for the third quarter and nine months ended December 31, 2013. For the quarter, the company reported net sales/income from operations of INR 478.2 million compared to INR 608.2 million a year ago. Total income from operations was INR 479.7 million compared to INR 620.2 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 9.1 million compared to INR 35.3 million a year ago. Profit from ordinary activities before tax was INR 6.4 million compared to INR 18.2 million a year ago. Net profit for the period was INR 3.9 million compared to INR 12.1 million a year ago. Basic and diluted EPS before and after extraordinary items was INR 1.07 compared to INR 3.33 a year ago.

For the nine months, the company reported net sales/income from operations of INR 1,538.6 million compared to INR 2,067 million a year ago. Total income from operations was INR 1,674.6 million compared to INR 2,086.3 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 88.4 million compared to INR 181.8 million a year ago. Profit from ordinary activities before tax was INR 70.0 million compared to INR 135.5 million a year ago. Net profit for the period was INR 45.7 million compared to INR 89.9 million a year ago. Basic and diluted EPS before and after extraordinary items was INR 12.57 compared to INR 24.70 a year ago.