Vax Housing Finance Corporation Ltd. reported unaudited consolidated earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported total income from operations (net) of INR 49.867 million compared to INR 19.26 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 0.128 million compared to loss from operations before other income, finance costs and exceptional items of INR 0.423 million a year ago. Profit from ordinary activities before tax was INR 1.184 million compared to INR 0.387 million a year ago. Net profit from ordinary activities after tax was INR 1.184 million or INR 0.0098 per share compared to INR 0.387 million or INR 0.0049 per share a year ago. For the nine months period, the company reported total income from operations (net) of INR 97.235 million compared to INR 58.424 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 0.498 million compared to loss from operations before other income, finance costs and exceptional items of INR 0.721 million a year ago. Profit from ordinary activities before tax was INR 2.553 million compared to INR 1.242 million a year ago. Net profit from ordinary activities after tax was INR 2.553 million or INR 0.0231 per share compared to INR 1.242 million or INR 0.1572 per share a year ago.

Vax Housing Finance Corporation Ltd. announced unaudited earnings results for the second quarter and six months ended September 30, 2012. For the quarter, the company reported income from operations of INR 24.845 million compared to INR 19.652 million for the same period a year ago. Operating profit was INR 1.11 million compared to INR 0.415 million for the same period a year ago. Net profit for the period was INR 1.070 million compared to INR 0.375 million for the same period a year ago. Basic and diluted earning per share INR 0.1049 compared to INR 0.0474 for the same period a year ago. For the six months, the company reported income from operations of INR 47.368 million compared to INR 39.164 million for the same period a year ago. Operating profit was INR 1.369 million compared to INR 0.835 million for the same period a year ago. Net profit for the period was INR 1.329 million compared to INR 0.795 million for the same period a year ago. Basic and diluted earning per share INR 0.1107 compared to INR 0.10 for the same period a year ago.

Vax Housing Finance Corporation Ltd., Board Meeting, Oct 30, 2012. Agenda: To consider and approve unaudited earnings results of the company for the second quarter and six months ended September 30, 2012.