Neo Corp. International Ltd. reported unaudited consolidated and standalone earnings results for the first quarter ended June 30, 2013. For the quarter, the group reported profit from operations before other income, interest and exceptional items of INR 181.5 million against INR 164.3 million for the same period of last year. Profit from ordinary activities before tax was INR 101.5 million against INR 85.4 million for the same period of last year. Net profit for the period was INR 75 million or INR 1.97 per diluted share against INR 59.1 million or INR 1.55 per diluted share for the same period of last year. Net sales/income from operations was INR 1,697 million against INR 1,198 million for the same period of last year.

For the quarter, the parent company reported profit from operations before other income, interest and exceptional items of INR 143.4 million against INR 137.7 million for the same period of last year. Profit from ordinary activities before tax was INR 80 million against INR 70 million for the same period of last year. Net profit for the period was INR 59.6 million or INR 1.57 per diluted share against INR 48.1 million or INR 1.27 per diluted share for the same period of last year. Net sales/income from operations was INR 1,176 million against INR 870 million for the same period of last year.