Sambandam Spinning Mills Ltd. reported unaudited earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported net sales of INR 524.223 million against INR 407.438 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 46.520 million against loss from operations before other income, finance cost and exceptional items of INR 13.019 million a year ago. Profit from ordinary activities before tax was INR 14.541 million against loss from ordinary activities before tax of INR 55.824 million a year ago. Net profit for the period was INR 8.541 million against net loss for the period of INR 33.824 million a year ago. Basic and diluted earnings per share were INR 2.00 against basic and diluted loss per share of INR 7.93 a year ago. For the nine months, the company reported net sales of INR 1,599.151 million against INR 1,403.485 million a year ago. Profit before finance cost and exceptional items was INR 239.129 million against loss from operations before other income, finance cost and exceptional items of INR 72.739 million a year ago. Profit from ordinary activities before tax was INR 130.017 million against loss from ordinary activities before tax of INR 212.367 million a year ago. Net profit for the period was INR 87.517 million against INR 139.367 million a year ago. Basic and diluted earnings per share were INR 20.52 against basic and diluted loss per share of INR 32.68 a year ago.

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

Sambandam 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.