Transformers & Rectifiers (India) Limited reported unaudited earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, net sales /income from operations was INR 1,108.1 million compared to INR 926.5 million a year ago. Profit from operations before other income interest and exceptional items was INR 50.1 million compared to loss from operations before other income interest and exceptional items of INR 26.6 million a year ago. Net profit was INR 37.5 million or INR 2.90 per basic and diluted share before and after extraordinary items compared to net loss of INR 23.5 million or INR 1.82 per basic and diluted share before and after extraordinary items a year ago.

For the nine months, net sales /income from operations was INR 2,624.8 million compared to INR 3,638.3 million a year ago. Profit from operations before other income interest and exceptional items was INR 35.8 million compared to loss from operations before other income interest and exceptional items of INR 127.9 million a year ago. Net profit was INR 9.5 million or INR 0.74 per basic and diluted share before and after extraordinary items compared to net profit of INR 75.5 million or INR 5.85 per basic and diluted share before and after extraordinary items a year ago.