Baid Leasing & Finance Co Ltd, Board Meeting, Feb 09, 2013. Agenda: To consider and approve unaudited consolidated financial results for the third quarter and nine months ended Dec. 31, 2012.

Baid Leasing & Finance Co. Ltd. reported unaudited consolidated financial results for the third quarter and nine months ended Dec. 31, 2012. For the quarter, the company reported profit from operations before other income, finance costs and exceptional items of INR 721 million against INR 489.5 million  for the same period of last year. Profit from ordinary activities before tax was INR 287  million against INR 183 million  for the same period of last year.  Net profit for the period was INR 241  million or INR 7.12 per diluted share against INR 149 million  or INR 5.08 per diluted share for the same period of last year. Net sales/income from operations was INR 15 million against INR 14 million  for the same period of last year. For the nine months, the company reported profit from operations before other income, finance costs and exceptional items of INR 25 million against INR 21 million  for the same period of last year. Profit from ordinary activities before tax was INR 9 million against INR 9.4 million  for the same period of last year.  Net profit for the period was INR 2.8 million or INR 0.46 per diluted share against INR 6.4 million  or INR 1.05 per diluted share for the same period of last year. Net sales/income from operations was INR 191 million against INR 80 million  for the same period of last year.

Baid Leasing & Finance Co. Ltd. approved alteration of main object clause of Memorandum of Association of the company under Section 17 of the Companies Act, 1956 by way of postal ballot.