Banco Products (India) Limited announced that they will report Q3, 2013 results on Feb 08, 2013

Banco Products (India) Limited, Board Meeting, Feb 08, 2013. Agenda: To consider the quarterly results.

Banco Products (India) Limited reported unaudited consolidated and standalone earnings results for the second quarter and six months ended September 30, 2012. For the quarter, on consolidated basis, net sales /income from operations was INR 2,745.3 million compared to INR 2,554.9 million a year ago. Profit from operations before other income interest and exceptional items was INR 299.6 million compared to INR 326.0 million a year ago. Profit from ordinary activities before tax was INR 285.1 million against INR 287.7 million a year ago. Net profit was INR 216.2 million or INR 3.02 per basic and diluted share before and after extraordinary items compared to net profit of INR 217.4 million or INR 3.04 per basic and diluted share before and after extraordinary items a year ago. For the six months, on consolidated basis, net sales /income from operations was INR 5,424.9 million compared to INR 5,260.8 million a year ago. Profit from operations before other income interest and exceptional items was INR 652.6 million compared to INR 674.6 million a year ago. Profit from ordinary activities before tax was INR 623.1 million against INR 623.0 million a year ago. Net profit was INR 491.1 million or INR 6.87 per basic and diluted share before and after extraordinary items compared to net profit of INR 470.9 million or INR 6.58 per basic and diluted share before and after extraordinary items a year ago.   For the quarter, on standalone basis, net sales /income from operations was INR 1,151.5 million compared to INR 1,357.5 million a year ago. Profit from operations before other income interest and exceptional items was INR 133.0 million compared to INR 177.8 million a year ago. Profit from ordinary activities before tax was INR 132.5 million against INR 163.1 million a year ago. Net profit was INR 90.5 million or INR 1.27 per basic and diluted share before and after extraordinary items compared to net profit of INR 110.8 million or INR 1.55 per basic and diluted share before and after extraordinary items a year ago. For the six months, on standalone basis, net sales /income from operations was INR 2,231.2 million compared to INR 2,747.3 million a year ago. Profit from operations before other income interest and exceptional items was INR 273.8 million compared to INR 446.1 million a year ago. Profit from ordinary activities before tax was INR 272.2 million against INR 418.4 million a year ago. Net profit was INR 190.3 million or INR 2.66 per basic and diluted share before and after extraordinary items compared to net profit of INR 315.6 million or INR 4.41 per basic and diluted share before and after extraordinary items a year ago.