Indiabulls Wholesale Services Ltd. announced unaudited consolidated and company earnings results for the third quarter and nine months ended December 31, 2013. For the quarter, on consolidated basis, the company reported net sales/income from operations of INR 739.580 million compared to INR 414.535 million a year ago. Total income from operations was INR 741.216 million compared to INR 415.426 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 78.413 million compared to INR 80.434 million a year ago. Profit from ordinary activities before tax was INR 73.684 million compared to INR 86.392 million a year ago. Net profit for the period was INR 72.583 million compared to INR 80.833 million a year ago. Diluted EPS before and after extraordinary items was INR 1.39 compared to INR 2.94 a year ago.

For the nine months, on consolidated basis, the company reported net sales/income from operations of INR 2,043.454 million compared to INR 1,148.004 million a year ago. Total income from operations was INR 2,047.081 million compared to INR 1,151.181 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 332.161 million compared to INR 202.877 million a year ago. Profit from ordinary activities before tax was INR 374.123 million compared to INR 256.688 million a year ago. Net profit for the period was INR 337.229 million compared to INR 269.336 million a year ago. Diluted EPS before and after extraordinary items was INR 6.54 compared to INR 5.32 a year ago.

For the quarter, the company reported net sales/income from operations of INR 142.2 million compared to INR 16.208 million a year ago. Total income from operations was INR 143.836 million compared to INR 17.1 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 15.051 million compared to loss from operations before other income, finance costs and exceptional items of INR 2.775 million a year ago. Profit from ordinary activities before tax was INR 15.765 million compared to loss from ordinary activities before tax of INR 2.735 million a year ago. Net profit for the period was INR 11.115 million compared to net loss for the period of INR 2.079 million a year ago. Diluted EPS before and after extraordinary items was INR 0.21 compared to diluted LPS before and after extraordinary items of INR 0.04 a year ago.

For the nine months, the company reported net sales/income from operations of INR 305.456 million compared to INR 55.258 million a year ago. Total income from operations was INR 309.083 million compared to INR 58.435 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 50.687 million compared to loss from operations before other income, finance costs and exceptional items of INR 54.106 million a year ago. Profit from ordinary activities before tax was INR 60.340 million compared to loss from ordinary activities before tax of INR 54.712 million a year ago. Net profit for the period was INR 42.961 million compared to net loss for the period of INR 27.168 million a year ago. Diluted EPS before and after extraordinary items was INR 0.83 compared to diluted LPS before and after extraordinary items of INR 0.54 a year ago.