Yash Management and Satellite Ltd. announced that Sandeep Mangal has been appointed as an Additional Director of the company with effective from December 31, 2012. The company announced the resignation of Mr. Vishnu Garg from directorship of the company has been accepted with effective from December 31, 2012.

Yash Management and Satellite Ltd. reported unaudited earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported profit from operation before other income, finance costs and exceptional items of INR 0.909 million compared to a loss of INR 4.174 million reported a year ago. Net profit was INR 0.978 million or INR 0.10 per basic and diluted share before and after extraordinary items compared to net loss of INR 4.20 million or INR 0.43 per basic and diluted share before and after extraordinary items reported a year ago. Net sales were INR 37.91 million compared to INR 20.19 million reported a year ago. Profit from ordinary activities before tax was INR 0.978 million compared to a loss of INR 4.20 million reported a year ago. For the nine months, the company reported profit from operation before other income, finance costs and exceptional items of INR 1.494 million compared to a loss of INR 8.28 million reported a year ago. Net profit was INR 1.321 million or INR 0.14 per basic and diluted share before and after extraordinary items compared to net loss of INR 8.314 million or INR 0.86 per basic and diluted share before and after extraordinary items reported a year ago. Net sales were INR 126.49 million compared to INR 64.62 million reported a year ago. Profit from ordinary activities before tax was INR 1.321 million compared to a loss of INR 8.314 million reported a year ago.

Yash Management and Satellite Ltd. announced that they will report Q3, 2013 results on Jan 09, 2013