IEC Education Ltd.  reported unaudited standalone and consolidated financial results for the third quarter and nine months ended Dec. 31, 2012. For the quarter, the group reported profit from operations before other income, finance costs and exceptional items of INR 1.4 million against INR 2.8 million  for the same period of last year. Profit from ordinary activities before tax was INR 1.1 million against INR 2.4 million  for the same period of last year.  Net profit for the period was INR 0.83 million against or INR 0.07 per diluted share INR 1.99 million  or INR 0.13 per diluted share for the same period of last year. Net sales/income from operations was INR 12 million against INR 13 million  for the same period of last year.

For the nine months, the group reported profit from operations before other income, finance costs and exceptional items of INR 5.5 million against INR 9.1 million  for the same period of last year. Profit from ordinary activities before tax was INR 4.5 million against INR 8.3 million  for the same period of last year.  Net profit for the period was INR 3.4 million against or INR 0.27 per diluted share INR 6.1 million  or INR 0.42 per diluted share for the same period of last year. Net sales/income from operations was INR 34 million against INR 44 million  for the same period of last year.

For the quarter, the parent company reported profit from operations before other income, finance costs and exceptional items of INR 11.5 million against INR 13 million  for the same period of last year. Profit from ordinary activities before tax was INR 1.9 million against INR 3.3 million  for the same period of last year.  Net profit for the period was INR 1.2 million against or INR 0.08 per diluted share INR 2.1 million  or INR 0.14 per diluted share for the same period of last year. Net sales/income from operations was INR 12 million against INR 13 million  for the same period of last year.

For the nine months, the parent company reported profit from operations before other income, finance costs and exceptional items of INR 7 million against INR 10 million  for the same period of last year. Profit from ordinary activities before tax was INR 4.44 million against INR 6.83 million  for the same period of last year.  Net profit for the period was INR 4.44 million against or INR 0.29 per diluted share INR 6.83 million  or INR 0.45 per diluted share for the same period of last year. Net sales/income from operations was INR 34 million against INR 44 million  for the same period of last year.