Vyapar Industries Ltd. reported unaudited earnings results for the third quarter and nine months ended December 31, 2011. For the quarter, the company reported net sales or income from operations of INR 152.529 million compared to net sales or income from operations of INR 227.027 million last year. Operating profit before tax was INR 22.799 million compared to INR 37.974 million last year. Net profit before tax was INR 22.799 million compared to INR 2.723 million last year. Net profit after tax was INR 9.159 million or INR 0.84 per basic and diluted share compared to INR 1.332 million or INR 0.17 per basic and diluted share last year. For the nine months, the company reported net sales or income from operations of INR 527.376 million compared to net sales or income from operations of INR 906.249 million last year. Operating profit before tax was INR 57.472 million compared to INR 46.071 million last year. Net profit before tax was INR 35.588 million compared to INR 10.820 million last year. Net profit after tax was INR 17.997 million or INR 1.65 per basic and diluted share compared to INR 7.477 million or INR 0.69 per basic and diluted share last year.