Bhagwandas Metals Ltd. announced unaudited earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company’s net sales were INR 100.8 million against INR 176.7 million for the same period of last year. Profit from operations before other income, interest and exceptional items were INR 1.3 million against INR 2.2 million for the same period of last year. Profit from ordinary activities before tax was INR 0.6 million against INR 1.8 million for the same period of last year. Net profit for the period was INR 0.4 million or INR 0.11 per basic and diluted share against INR 1.3 million or INR 0.36 per basic and diluted share for the same period of last year. For the nine months, the company’s net sales were INR 444.8 million against INR 574.9 million for the same period of last year. Profit from operations before other income, interest and exceptional items were INR 4.8 million against INR 6.1 million for the same period of last year. Profit from ordinary activities before tax was INR 3.4 million against INR 5.2 million for the same period of last year. Net profit for the period was INR 2.3 million or INR 0.63 per basic and diluted share against INR 3.6 million or INR 0.99 per basic and diluted share for the same period of last year.

Bhagwandas Metals Ltd., Board Meeting, Jan 28, 2013. Agenda: To consider quarterly results.

Bhagwandas Metals Ltd., Board Meeting, Oct 27, 2012.