Shree Ajit Pulp & Paper limited announced unaudited standalone and consolidated earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported net profit of INR 42.028 million or INR 7.85 basic and diluted earnings per share on total income from operations of INR 441.304 million compared to net profit of INR 21.290 million or INR 3.97 basic and diluted earnings per share on total income from operations of INR 394.280 million for the corresponding period last year. Profit from operations before other income, finance costs & exceptional items was INR 70.249 million against INR 41.910 million for the same period last year. Profit from ordinary activities before tax was INR 62.066 million against INR 32.805 million for the comparable period last year.

For the nine months, the company reported net profit of INR 106.728 million or INR 19.92 basic and diluted earnings per share on total income from operations of INR 1,311.761 million compared to net profit of INR 53.302 million or INR 9.95 basic and diluted earnings per share on total income from operations of INR 1,107.795 million for the corresponding period last year. Profit from operations before other income, finance costs & exceptional items was INR 179.594 million against INR 102.087 million for the same period last year. Profit from ordinary activities before tax was INR 152.760 million against INR 76.333 million for the comparable period last year.