V. B. Desai Financial Services Limited reported unaudited earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported net sales/income from operations of INR 1.080 million against INR 1.825 million a year ago. Loss from operations before other income, interest and exceptional items was INR 0.165 million against profit from operations before other income, interest and exceptional items of INR 0.491 million a year ago. Profit from ordinary activities before tax was INR 1.215 million against INR 0.491 million a year ago. Net profit for the period was INR 0.850 million against INR 0.339 million a year ago. Earnings per share diluted before extraordinary items were INR 0.19 against INR 0.07 a year ago. For the nine months, the company reported net sales/income from operations of INR 4.170 million against INR 5.140 million a year ago. Profit from operations before other income, interest and exceptional items was INR 0.4.12 million against INR 1.265 million a year ago. Profit from ordinary activities before tax was INR 5.261 million against INR 1.265 million a year ago. Net profit for the period was INR 3.684 million against INR 0.851 million a year ago. Earnings per share diluted before extraordinary items were INR 0.81 against INR 0.18 a year ago.

V. B. Desai Financial Services Limited, Board Meeting, Jan 30, 2013. Agenda: To approve unaudited earnings results for the third quarter and nine months ended December 31, 2012.

V. B. Desai Financial Services Limited reported unaudited earnings results for the second quarter and six months ended September 30, 2012. For the quarter, the company's net sales were INR 1.8 million compared with INR 1.6 million a year ago. Profit from operations before other income, interest and exceptional items were INR 0.5 million compared with INR 0.32 million a year ago. Profit from ordinary activities before tax was INR 3.97 million compared with INR 0.32 million a year ago. Net profit was INR 2.8 million or INR 0.61 per basic and diluted share compared with INR 0.21 million or INR 0.05 per basic and diluted share a year ago. For the six months, the company's net sales were INR 3.1 million compared with INR 3.3 million a year ago. Profit from operations before other income, interest and exceptional items were INR 0.58 million compared with INR 0.77 million a year ago. Profit from ordinary activities before tax was INR 4.0 million compared with INR 0.77 million a year ago. Net profit was INR 2.8 million or INR 0.62 per basic and diluted share compared with INR 0.51 million or INR 0.11 per basic and diluted share a year ago.