Kanco Enterprises Ltd. reported unaudited standalone earnings results for the second quarter and six months ended March 31, 2013. For the quarter, the company reported net sales/income from operations of INR 382.5 million compared to INR 297.7 million for the same period a year ago. Profit from operations before other income, finance costs and exceptional items was INR 32.0 million compared to loss from operations before other income, finance costs and exceptional items of INR 15.9 million a year ago. Profit from ordinary activities before tax was INR 9.8 million compared to loss from ordinary activities before tax was INR 40.0 million a year ago. Net profit for the period was INR 9.8 million or INR 0.55 per basic and diluted share before and after extraordinary items compared to net loss for the period of INR 40.0 million or INR 2.23 per basic and diluted per share before and after extraordinary items last year.

For the six months months, the company reported net sales/income from operations of INR 705.4 million compared to INR 559.3 million for the same period a year ago. Profit from operations before other income, finance costs and exceptional items was INR 48.1 million compared to loss from operations before other income, finance costs and exceptional items of INR 41.5 million a year ago. Profit from ordinary activities before tax was INR 4.1 million compared to loss from ordinary activities before tax was INR 84.1 million a year ago. Net profit for the period was INR 4.1 million or INR 0.23 per basic and diluted share before and after extraordinary items compared to net loss for the period of INR 84.1 million or INR 4.69 per basic and diluted per share before and after extraordinary items last year.