Vallabh Steels Limited announced unaudited earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company announced net sales or income from operations of INR 433.453 million compared to INR 442.324 million a year ago. Profit from operations before other income, finance costs and exceptional items were INR 23.651 million compared to INR 19.126 million a year ago. Profit from ordinary activities before tax was INR 1.907 million compared to INR 1.829 million a year ago. Net profit was INR 1.607 million or INR 0.32 per basic and diluted share for before and after extraordinary items compared to INR 0.729 million or INR 0.15 per basic and diluted share for before and after extraordinary items a year ago. For the nine months, the company announced net sales or income from operations of INR 1,688.867 million compared to INR 1,477.856 million a year ago. Profit from operations before other income, finance costs and exceptional items were INR 66.568 million compared to INR 55.108 million a year ago. Profit from ordinary activities before tax was INR 6.897 million compared to INR 8.040 million a year ago. Net profit was INR 4.997 million or INR 1.01 per basic and diluted share for before and after extraordinary items compared to INR 5.340 million or INR 1.08 per basic and diluted share for before and after extraordinary items a year ago.

Vallabh Steels Limited, Board Meeting, Feb 14, 2013. Agenda: To consider earnings results for the third quarter of fiscal 2013.

Vallabh Steels Limited reported unaudited earnings results for the second quarter and six months ended September 30, 2012. For the quarter, the company reported net sales of INR 492.693 million against INR 513.620 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 21.195 million against INR 16.596 million a year ago. Profit from ordinary activities before tax was INR 2.048 million against INR 1.851 million a year ago. Net profit for the period was INR 1.403 million against INR 1.051 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 0.28 against INR 0.21 a year ago. For the six months, the company reported net sales of INR 1,255.414 million against INR 1,035.532 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 42.917 million against INR 35.982 million a year ago. Profit from ordinary activities before tax was INR 4.990 million against INR 6.211 million a year ago. Net profit for the period was INR 3.390 million against INR 4.611 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 0.68 against INR 0.93 a year ago.