Gemini Communication Limited announced that Mr. R. Kothandaraman, Director has resigned from the Board of Directors of the company, with effect from February 09, 2013. The Board of Directors at its meeting held on February 09, 2013, appointed Mr. V. J. Chandran as Director of the company with effect from February 09, 2013.

Gemini Communication Limited reported unaudited standalone and consolidated earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, on standalone basis, the company reported net sales of INR 292.046 million against INR 589.345 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 65.727 million against INR 82.540 million a year ago. Profit from operating activities after tax was INR 0.771 million against INR 11.379 million a year ago. Net profit from ordinary activities after tax was INR 0.771 million against INR 9.331 million a year ago. Basic and diluted earnings per share before extraordinary items were INR 0.006 against INR 0.087 a year ago. For the nine months, on standalone basis, the company reported net sales of INR 1,008.081 million against INR 1,844.830 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 176.049 million against INR 259.762 million a year ago. Profit from operating activities after tax was INR 4.046 million against INR 58.485 million a year ago. Net profit from ordinary activities after tax was INR 4.046 million against INR 45.361 million a year ago. Basic and diluted earnings per share before extraordinary items were INR 0.033 against INR 0.424 a year ago. For the quarter, on consolidated basis, the company reported net sales of INR 499.627 million against INR 1,157.654 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 139.856 million against INR 228.157 million a year ago. Profit from ordinary activities before tax was INR 30.609 million against INR 99.589 million a year ago. Net profit for the period was INR 30.609 million against INR 97.541 million a year ago. Basic and diluted earnings per share before extraordinary items were INR 0.247 against INR 0.912 a year ago. For the nine months, on consolidated basis, the company reported net sales of INR 1,753.158 million against INR 3,221.187 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 387.213 million against INR 757.297 million a year ago. Profit from ordinary activities before tax was INR 191.645 million against INR 450.056 million a year ago. Net profit for the period was INR 191.645 million against INR 417.062 million a year ago. Basic and diluted earnings per share before extraordinary items were INR 1.547 against INR 3.901 a year ago.

Gemini Communication Limited announced that they will report Q3, 2013 results on Feb 09, 2013