KG Denim Ltd. 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 (net of excise duty) of INR 1,303.1 million compared to INR 938.2 million a year ago. Profit from operations before other income, financial cost & exceptional items was INR 126.8 million compared to INR 66.9 million a year ago. Profit from ordinary activities before tax was INR 67.6 million compared to INR 16.9 million a year ago. Net profit was INR 39.8 million or INR 1.55 per basic and diluted share before and after extraordinary items (not annualized) compared to INR 10.7 million or INR 0.42 per basic and diluted share before and after extraordinary items (not annualized) for the same period a year ago.

For the nine months, the company reported net sales/income from operations (net of excise duty) of INR 3,760.6 million compared to INR 2,866.3 million a year ago. Profit from operations before other income, financial cost & exceptional items was INR 349.6 million compared to INR 249.8 million a year ago. Profit from ordinary activities before tax was INR 169.1 million compared to INR 112.0 million a year ago. Net profit was INR 116.1 million or INR 4.62 per basic and diluted share before and after extraordinary items (not annualized) compared to INR 73.8 million or INR 2.87 per basic and diluted share before and after extraordinary items (not annualized) for the same period a year ago.