Kwality Credit & Leasing Ltd. announced earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company announced net sales or income from operations of INR 0.150 million compared to INR 0.150 million a year ago. Profit from operations before other income, finance costs and exceptional items were INR 0.034 million compared to INR 0.055 million a year ago. Profit from ordinary activities before tax was INR 0.034 million compared to INR 0.055 million a year ago. Net profit was INR 0.024 million or INR 0.01 per basic and diluted share for before and after extraordinary items compared to INR 0.038 million or INR 0.01 per basic and diluted share for before and after extraordinary items a year ago.

For the nine months, the company announced net sales or income from operations of INR 0.450 million compared to INR 0.818 million a year ago. Profit from operations before other income, finance costs and exceptional items were INR 0.134 million compared to INR 0.130 million a year ago. Profit from ordinary activities before tax was INR 0.134 million compared to INR 0.130 million a year ago. Net profit was INR 0.093 million or INR 0.03 per basic and diluted share for before and after extraordinary items compared to INR 0.090 million or INR 0.03 per basic and diluted share for before and after extraordinary items a year ago.