Modern Shares & Stockbrokers Ltd. announced unaudited earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported income from operations of INR 5.255 million against INR 4.158 million a year ago. Profit from operations before other income, interest and exceptional items was INR 1.397 million against INR 0.226 million a year ago. Profit from ordinary activities before tax was INR 1.373 million against INR 0.193 million a year ago. Net profit for the period was INR 0.969 million against INR 0.221 million a year ago. Basic and diluted earnings per share before extraordinary items were INR 0.33 against INR 0.08 a year ago.

For the nine months period, the company reported income from operations of INR 13.639 million against INR 11.986 million a year ago. Profit from operations before other income, interest and exceptional items was INR 3.556 million against INR 28.419 million a year ago. Profit from ordinary activities before tax was INR 3.455 million against INR 28.316 million a year ago. Net profit for the period was INR 2.461 million against INR 24.016 million a year ago. Basic and diluted earnings per share before extraordinary items were INR 0.84 against INR 8.19 a year ago.