Milgrey Finance & Investments Ltd. reported unaudited consolidated earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported net sales of INR 1,047,864 against INR 61,742 for the same period a year ago. Total Income was INR 1,047,864 against INR 61,742 for the same period a year ago. Loss from operations before other income, finance cost & exceptional items was INR 88,685 against INR 86,566 for the same period a year ago. Profit from ordinary activities before tax was INR 15,167 against loss from ordinary activities before tax of INR 84,898 for the same period a year ago. Net profit was INR 15,167 or INR 0.06 per diluted share against net loss of INR 84,898 or INR 0.35 per diluted share for the same period a year ago.

For the nine months period, the company reported net sales of INR 2,477,860 against INR 1,046,172 for the same period a year ago. Total Income was INR 2,477,860 against INR 1,046,172 for the same period a year ago. Loss from operations before other income, finance cost & exceptional items was INR 158,687 against INR 195,554 for the same period a year ago. Profit from ordinary activities before tax was INR 59,398 against loss from ordinary activities before tax of INR 165,845 for the same period a year ago. Net profit was INR 59,396 or INR 0.24 per diluted share against net loss of INR 165,845 or INR 0.69 per diluted share for the same period a year ago.