Mahanivesh (India) Limited announced earnings results for the second quarter and half year ended September 30, 2013. For the quarter, the company reported net profit of INR 0.31 million or INR 0.03 per basic and diluted earnings per share before and after extra ordinary items on total income of INR 109.60 million compared to net profit of INR 1.60 million or INR 0.16 per basic and diluted earnings per share before and after extra ordinary items on total income of INR 148.28 million for the corresponding period last year. Profit from ordinary activities before tax was INR 0.37 million against INR 1.88 million for the comparable period last year.

For the half year, the company reported net profit of INR 0.60 million or INR 0.06 per basic and diluted earnings per share before and after extra ordinary items on total income of INR 216.96 million compared to net profit of INR 2.21 million or INR 0.22 per basic and diluted earnings per share before and after extra ordinary items on total income of INR 274.11 million for the corresponding period last year. Profit from ordinary activities before tax was INR 0.69 million against INR 2.70 million for the comparable period last year.