Rajvir Industries Ltd. has informed that the board of directors of the company at its meeting held on February 13, 2013, has appointed Shiv Kumar as chief financial officer and Atluri Ramesh as company secretary and compliance officer of the company in the place of M J K Chakravarthy with effect from February 14, 2013.

Rajvir Industries Ltd. reported unaudited earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, net sales /income from operations was INR 683.266 million compared to INR 877.702 million a year ago. Profit from operations before other income finance cost and exceptional items was INR 59.209 million compared to INR 82.172 million a year ago. Profit from ordinary activities before tax was INR 6.853 million against INR 11.056 million a year ago. Net profit was INR 4.627 million or INR 1.52 per basic and diluted share before and after extraordinary items compared to net profit of INR 7.456 million or INR 2.46 per basic and diluted share before and after extraordinary items a year ago. For the nine moths, net sales /income from operations was INR 2,118.279 million compared to INR 2,227.373 million a year ago. Profit from operations before other income finance cost and exceptional items was INR 218.883 million compared to INR 141.343 million a year ago. Profit from ordinary activities before tax was INR 43.013 million against loss from ordinary activities before tax of INR 134.394 million a year ago. Net profit was INR 29.057 million or INR 9.57 per basic and diluted share before and after extraordinary items compared to net loss of INR 89.741 million or INR 29.57 per basic and diluted share before and after extraordinary items a year ago.

Rajvir Industries Ltd announced that they will report Q3, 2013 results on Feb 13, 2013