Brigade Enterprises Limited reported unaudited standalone earnings results for the third quarter and nine months ended Dec. 31, 2012. For the quarter, the company reported total income from operations of INR 1,569.357 million against INR 1,241.484 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 275.522 million against INR 304.049 million a year ago. Profit from ordinary activities before tax was INR 85.813 million against INR 137.892 million a year ago. Net profit for the period was INR 66.309 million against INR 104.228 million a year ago. Basic and diluted profit per share before and after extraordinary items was INR 0.59 against INR 0.93 a year ago. EBIDTA was INR 487 million compared to INR 405 million a year ago. Turnover was INR 1,591 million compared to INR 1,252 million a year ago. The decrease in profitability is primarily due to capitalization of interest and depreciation pertaining to the hospitality and retail assets.

For the nine months, the company reported total income from operations of INR 4,801.002 million against INR 4,677.933 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 808.850 million against INR 1,031.152 million a year ago. Profit from ordinary activities before tax was INR 261.217 million against INR 678.698 million a year ago. Net profit for the period was INR 358.532 million against INR 500.548 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 3.19 against INR 4.46 a year ago. EBIDTA was INR 1,431 million compared to INR 1,375 million a year ago. Turnover was INR 4,887 million compared to INR 4,757 million a year ago.