Shanthi Gears Ltd. reported unaudited earnings results for the third quarter and nine months ended December 31, 2011. For the third quarter, the company reported net sales/income from operations of INR 417.74 million compared to INR 362.06 million a year ago. Profit from operations before other income, interest & exceptional items was INR 86.39 million compared to INR 85.91 million a year ago. Profit from ordinary activities before tax was INR 85.94 million compared to INR 90.75 million a year ago. Net profit was INR 58.53 million or INR 0.72 per basic and diluted share compared to INR 60.22 million or INR 0.74 per basic and diluted share for the same period a year ago For the nine months, the company reported net sales/income from operations of INR 1,236.90 million compared to INR 1,047.0 million a year ago. Profit from operations before other income, interest & exceptional items was INR 295.12 million compared to INR 267.28 million a year ago. Profit from ordinary activities before tax was INR 293.73 million compared to INR 277.43 million a year ago. Net profit was INR 199.81 million or INR 2.45 per basic and diluted share compared to INR 183.48 million or INR 2.25 per basic and diluted share for the same period a year ago.