Navkar Builders Ltd. announced unaudited standalone earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported net sales were INR 106.43 million against INR 101.305 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 17.044 million against INR 16.93 million a year ago. Profit from ordinary activities before tax was INR 10.758 million against INR 12.542 million a year ago. Net profit was INR 10.758 million against INR 10.542 million a year ago. Basic and diluted earnings per share before extraordinary items were INR 0.08 against INR 0.09 a year ago. For the nine months, the company reported net sales were INR 315.32 million against INR 243.25 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 50.46 million against INR 34.84 million a year ago. Profit from ordinary activities before tax was INR 34.46 million against INR 20.41 million a year ago. Net profit was INR 34.46 million against INR 17.7 million a year ago. Basic and diluted earnings per share before extraordinary items were INR 0.28 against INR 0.14 a year ago.

Navkar Builders Ltd., Board Meeting, Feb 19, 2013. Agenda: To approve unaudited standalone earnings results for the third quarter and nine months ended December 31, 2012.

Navkar Builders Ltd. reported unaudited standalone earnings results for the second quarter and six months ended September 30, 2012. For the quarter, the company reported net sales/income from operation of INR 116.643 million compared to INR 65.770 million for the same period a year ago. Profit from operations before other income, finance costs and exceptional items was INR 17.371 million compared to INR 10.120 million for the same period a year ago. Profit from ordinary activities before tax was INR 14.422 million compared to INR 3.840 million a year ago. Net profit was INR 14.422 million, or INR 0.11 basic and diluted per share compared to INR 2.740 million, or INR 0.02 basic and diluted per share a year ago. For the six months, the company reported net sales/income from operation of INR 209.173 million compared to INR 141.950 million for the same period a year ago. Profit from operations before other income, finance costs and exceptional items was INR 32.356 million compared to INR 17.910 on for the same period a year ago. Profit from ordinary activities before tax was INR 23.675 million compared to INR 8.430 million a year ago. Net profit was INR 23.675 million, or INR 0.18 basic and diluted per share compared to INR 7.330 million, or INR 0.06 basic and diluted per share a year ago.