Pudumjee Pulp and Paper Mills Ltd. announced unaudited earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported net sales/income from operations of INR 454 million compared to INR 395.3 million a year ago. Total income from operations was INR 532.1 million compared to INR 397.6 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 60.4 million compared to loss from operations before other income, finance cost and exceptional items of INR 18.8 million a year ago. Profit from ordinary activities before tax was INR 60.8 million compared to loss from ordinary activities before tax of INR 23.9 million a year ago. Net profit for the period was INR 65.5 million compared to net loss for the period of INR 16.1 million a year ago. Diluted EPS before and after extraordinary items was INR 1.60 compared to diluted LPS before and after extraordinary items of INR 0.34 a year ago.

For the nine months, the company reported net sales/income from operations of INR 1,410 million compared to INR 1,648.1 million a year ago. Total income from operations was INR 1,496.2 million compared to INR 1,652.4 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 90 million compared to INR 67.5 million a year ago. Profit from ordinary activities before tax was INR 72.2 million compared to INR 61.6 million a year ago. Net profit for the period was INR 74.8 million compared to INR 44 million a year ago. Diluted EPS before and after extraordinary items was INR 1.82 compared to INR 0.94 a year ago.