Sam Industries Ltd. announced that the Board of Directors of the company at its meeting held on February 8, 2013, approved resignation of Mr. Ashish Dave as Director of the company.

Sam Industries Ltd. announced unaudited earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported net sales of INR 18.321 million against INR 74.260 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 0.506 million against profit from operations before other income, finance costs and exceptional items of INR 20.071 million a year ago. Profit from ordinary activities before tax was INR 2.340 million against INR 22.721 million a year ago. Net profit for the period was INR 1.790 million against INR 13.401 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 0.16 against INR 1.21 a year ago. For the nine months period, the company reported net sales of INR 79.670 million against INR 144.398 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 12.582 million against INR 40.647 million a year ago. Profit from ordinary activities before tax was INR 24.930 million against INR 49.867 million a year ago. Net profit for the period was INR 18.180 million against INR 31.917 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 1.64 against INR 2.88 a year ago.

Sam Industries Ltd announced that they will report Q3, 2013 results on Feb 08, 2013