Pioneer Agro Extracts Ltd. reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company net sales were INR 145.352 million against INR 319.512 million for the same period of last year. Profit from operations before other income, interest & exceptional items was INR 1.262 million against INR 6.719 million for the same period of last year. Profit from ordinary activities before tax was INR 0.182 million against INR 5.539 million for the same period of last year. Net profit for the period was INR 0.182 million or INR 0.04 per basic and diluted share against INR 5.539 million or INR 1.28 per basic and diluted share for the same period of last year.

For the nine months, the company net sales were INR 6.096 million against INR 8.087 million for the same period of last year. Profit from operations before other income, interest & exceptional items was INR 1.262 million against INR 6.719 million for the same period of last year. Profit from ordinary activities before tax was INR 1.671 million against INR 5.690 million for the same period of last year. Net profit for the period was INR 1.671 million or INR 0.39 per basic and diluted share against INR 5.690 million or INR 1.31 per basic and diluted share for the same period of last year.