Elecon Engineering Company Limited reported standalone unaudited earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported net sales of INR 1,991.130 million compared with INR 2,976.260 million for the same period last year. Profit from operations before other income, financial cost & exceptional items was INR 197.268 million compared with INR 377.676 million for the same period last year. Profit from ordinary activities before tax was INR 81.072 million compared with INR 238.382 million for the same period last year. Net profit for the period was INR 70.502 million or INR 0.76 diluted per share compared with INR 152.280 million or INR 1.64 diluted per share for the same period last year.

For the nine months, the company reported net sales of INR 7,580.078 million compared with INR 8,809.863 million for the same period last year. Profit from operations before other income, financial cost & exceptional items was INR 873.009 million compared with INR 1,074.915 million for the same period last year. Profit from ordinary activities before tax was INR 512.912 million compared with INR 705.207 million for the same period last year. Net profit for the period was INR 364.202 million or INR 3.92 diluted per share compared with INR 457.080 million or INR 4.92 diluted per share for the same period last year.