Reliable Ventures India Ltd. announced audited standalone earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported net sales/income from operations of INR 46.461 million against INR 47.111 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 7.452 million against INR 10.226 million a year ago. Profit from ordinary activities before tax was INR 8.123 million against INR 10.801 million a year ago. Net profit from ordinary activities after tax was INR 6.523 million or INR 0.58 per basic and diluted share after extraordinary items against INR 8.796 million or INR 0.80 per basic and diluted share after extraordinary items a year ago. For the nine months, the company reported net sales/income from operations of INR 116.178 million against INR 117.420 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 13.196 million against INR 20.320 million a year ago. Profit from ordinary activities before tax was INR 14.893 million against INR 21.496 million a year ago. Net profit from ordinary activities after tax was INR 10.793 million or INR 0.92 per basic and diluted share after extraordinary items against INR 18.194 million or INR 1.65 per basic and diluted share after extraordinary items a year ago.

Reliable Ventures India Ltd., Board Meeting, Jan 31, 2013. Agenda: To consider quarterly results.

Reliable Ventures India Ltd. announced audited standalone earnings results for the second quarter and six months ended September 30, 2012. For the quarter, the company reported net sales/income from operations (net of excise duty) of INR 31.457 million against INR 32.146 million a year ago. Profit from operations before other income, finance cost and exceptional items were INR 0.050 million against INR 3.985 million a year ago. Profit from ordinary activities before tax was INR 0.743 million against INR 4.312 million a year ago. Net loss was INR 1.137 million or INR 0.10 basic EPS after extraordinary item-not annualized against net profit of INR 3.312 million or INR 0.30 basic EPS after extraordinary item-not annualized a year ago. For the six months, the company reported net sales/income from operations of INR 69.717 million against INR 70.309 million a year ago. Profit from operations before other income, finance cost and exceptional items were INR 5.744 million against INR 10.094 million a year ago. Profit from ordinary activities before tax was INR 6.770 million against INR 10.695 million a year ago. Net profit was INR 3.709 million or INR 0.39 per basic EPS after extraordinary item-not annualized against INR 8.895 million or INR 0.81 basic EPS after extraordinary item-not annualized a year ago.