Modern India Ltd Reports Unaudited Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2012
For nine months, the company reported net sales/income from operations (net of excise duty) was of INR 3,318.279 million compared to INR 1,952.594 million a year ago. Profit from operations before other income, finance cost and exceptional items were INR 33.051 million compared to INR 16.110 million a year ago. Profit from ordinary activities before tax was INR 51.379 million compared to INR 36.223 million a year ago. Net profit was INR 40.459 million or INR 1.08 per diluted share compared to net loss of INR 27.973 million or INR 0.75 per diluted share a year ago.