Nippo Batteries Company Ltd. 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 766.6 million compared to INR 780.6 million a year ago. Profit from operations before other income interest and exceptional items was INR 19.2 million compared to INR 20.1 million a year ago. Profit from ordinary activities before tax was INR 126 million against INR 207 million a year ago. Net profit was INR 10.7 million or INR 2.85 per basic and diluted share before and after extraordinary items compared to net profit of INR 14.7 million or INR 3.92 per basic and diluted share before and after extraordinary items a year ago.

For the full year, net sales /income from operations was INR 2,357.8 million compared to INR 2,372.9 million a year ago. Profit from operations before other income interest and exceptional items was INR 40.7 million compared to INR 82.9 million a year ago. Profit from ordinary activities before tax was INR 253 million against INR 899 million a year ago. Net profit was INR 26.3 million or INR 7.01 per basic and diluted share before and after extraordinary items compared to net profit of INR 65.3 million or INR 17.41 per basic and diluted share before and after extraordinary items a year ago.