Firstobject Technologies Ltd. reported unaudited earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company's net sales were INR 161.04 million compared with INR 168.41 million a year ago. Operating profit before depreciation and tax was INR 20.13 million compared with INR 45.55 million a year ago. Profit before tax was INR 3.08 million compared with INR 29.25 million a year ago. Net profit after extraordinary items was INR 3.08 million or INR 0.30 per basic and diluted share compared with INR 25.34 million or INR 2.44 per basic and diluted share a year ago. For the nine months, the company's net sales were INR 462.20 million compared with INR 461.29 million a year ago. Operating profit before depreciation and tax was INR 73.54 million compared with INR 117.07 million a year ago. Profit before tax was INR 22.60 million compared with INR 67.99 million a year ago. Net profit after extraordinary items was INR 18.49 million or INR 1.78 per basic and diluted share compared with INR 58.90 million or INR 5.66 per basic and diluted share a year ago.

Firstobject Technologies Ltd, Board Meeting, Feb 14, 2013. Agenda: To approve the unaudited earnings results for the third quarter and nine months ended December 31, 2012.

Spiders Software Solutions LLC, has entered into a business pact with Firstobject Technologies Ltd. on January 17, 2013. An agreement has been entered into by Spiders Software Solutions LLC with the company for 3 years for availing offshore services and on-site consulting, for utilizing a minimum 25 resources in the areas of business consulting, application development and ERP support (implementation of ERP applications and their upgrades). The agreement comes into effect from January 17, 2013 and, it will be revenue accretive for the company, from June 2013 onwards.