Sharyans Resources Limited announced unaudited standalone and consolidated earnings results for the fourth quarter and audited standalone and consolidated earnings results for the year ended March 31, 2013. For the quarter, on standalone basis, the company reported income from operations of INR 33.127 million compared with INR 40.499 million for the same period a year ago. Profit from operations before other income, finance costs and exceptional items was INR 22.013 million compared with INR 28.656 million for the same period a year ago. Profit from ordinary activities before tax was INR 11.102 million compared with INR 17.626 million for the same period a year ago. Net profit after tax was INR 10.852 million or INR 0.70 per basic and diluted share before and after extraordinary items compared with INR 16.457 million or INR 1.11 per basic and diluted share before and after extraordinary items for the same period a year ago. For the year, on standalone basis, the company reported income from operations of INR 117.335 million compared with INR 124.669 million for the same period a year ago. Profit from operations before other income, finance costs and exceptional items was INR 81.039 million compared with INR 92.26 million for the same period a year ago. Profit from ordinary activities before tax was INR 20.333 million compared with INR 42.054 million for the same period a year ago. Net profit after tax was INR 20.428 million or INR 1.32 per basic and diluted share before and after extraordinary items compared with INR 44.58 million or INR 3.00 per basic and diluted share before and after extraordinary items for the same period a year ago. For the quarter, on consolidated basis, the company reported income from operations of INR 432.582 million compared with INR 392.938 million for the same period a year ago. Profit from operations before other income, finance costs and exceptional items was INR 24.46 million compared to loss from operations before other income, finance costs and exceptional items of INR 82.861 million for the same period a year ago. Profit from ordinary activities before tax was INR 28.705 million compared with loss from ordinary activities before tax of INR 177.283 million for the same period a year ago. Net profit after tax was INR 23.098 million or INR 1.22 per basic and diluted share before and after extraordinary items compared with net loss after tax of INR 118.776 million or INR 5.92 per basic and diluted share before and after extraordinary items for the same period a year ago. For the year, on consolidated basis, the company reported income from operations of INR 1,327.958 million compared with INR 1,284.891 million for the same period a year ago. Loss from operations before other income, finance costs and exceptional items was INR 5.544 million compared to INR 48.707 million for the same period a year ago. Loss from ordinary activities before tax was INR 24.227 million compared with INR 64.853 million for the same period a year ago. Net loss after tax was INR 22.194 million or INR 0.91 per basic and diluted share before and after extraordinary items compared with INR 39.355 million or INR 0.62 per basic and diluted share before and after extraordinary items for the same period a year ago.

Sharyans Resources Limited announced that its board meeting held on May 6, 2013, has recommended dividend INR 0.50 per share (at 5%) for the year ended March 31, 2013.

Sharyans Resources Limited, Board Meeting, May 06, 2013. Agenda: To consider unaudited standalone and consolidated earnings results for the fourth quarter and audited standalone and consolidated earnings results for the year ended March 31, 2013.