Kandagiri Spinning Mills Ltd. announced unaudited earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported net sales were INR 392.562 million against INR 252.719 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 35.687 million against loss of INR 12.226 million a year ago. Profit from ordinary activities before tax was INR 4.815 million against loss of INR 44.739 million a year ago. Net profit was INR 3.015 million against loss of INR 7.739 million a year ago. Basic and diluted earnings per share were INR 0.78 against loss of INR 2.01 a year ago. For the nine months, the company reported net sales were INR 1,150.467 million against INR 924.621 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 173.451 million against loss of INR 90.439 million a year ago. Profit from ordinary activities before tax was INR 78.875 million against loss of INR 194.461 million a year ago. Net profit was INR 55.575 million against loss of INR 127.46 million a year ago. Basic and diluted earnings per share were INR 14.44 against loss of INR 33.12 a year ago.

Kandagiri Spinning Mills Ltd announced that they will report Q3, 2013 results on Feb 13, 2013

Kandagiri Spinning Mills Ltd, Board Meeting, Feb 13, 2013. Agenda: To consider and approve the un-audited financial results of the company for the quarter ended December 31, 2012.