Shree Rama Multi-Tech Limited announced that Mr. Ashutosh Rohatgi, a director resigned from the directorship of the company with effect from February 11, 2013.

Shree Rama Multi-Tech Ltd. reported unaudited earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, net sales/income from operation was INR 225.627 million against INR 161.258 million a year ago. Loss from operation before other income, finance cost and exceptional item was INR 22.931 million against INR 138.731 million a year ago. Loss form ordinary activities before tax was INR 100.888 million against INR 135.032 million a year ago. Net loss was INR 80.544 million or INR 1.27 per basic and diluted share against INR 10.037 million or INR 0.18 per basic and diluted share a year ago. For the nine months, net sales/income from operation was INR 641.178 million against INR 836.303 million a year ago. Loss from operation before other income, finance cost and exceptional item was INR 80.708 million against INR 180.430 million a year ago. Profit form ordinary activities before tax was INR 38.824 million against loss form ordinary activities before tax of INR 171.628 million a year ago. Net profit was INR 86.129 million or INR 1.36 per basic and diluted share against net loss of INR 37.585 million or INR 0.58 per basic and diluted share a year ago.

Shree Rama Multi-Tech Ltd., Board Meeting, Dec 31, 2012.