R.J. Shah & Co. Ltd. reported unaudited earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company's net sales/income from operations was INR 11.9 million compared with INR 1.6 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 0.8 million compared with INR 0.2 million a year ago. Profit from ordinary activities before tax was INR 0.3 million compared with INR 0.7 million a year ago. Net profit was INR 0.3 million or INR 1.17 per basic and diluted share compared with INR 0.7 million or INR 2.65 per basic and diluted share a year ago.

For the nine months, the company's net sales/income from operations was INR 25.8 million compared with INR 2.1 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 1 million compared with INR 2.4 million a year ago. Profit from ordinary activities before tax was INR 2.5 million compared with INR 2.2 million a year ago. Net profit was INR 1.7 million or INR 6.23 per basic and diluted share compared with INR 1.4 million or INR 5.14 per basic and diluted share a year ago.