Two-Up Financial Services Limited announced audited standalone and consolidated earnings results for the quarter and year ended March 31, 2013. For the quarter, on standalone basis, the company reported net loss after minority interest of INR 0.390 million or INR 0.01 basic and diluted loss per share after extra ordinary items on net sales/income from operations of INR 10.535 million compared to net profit after minority interest of INR 1.120 million or INR 0.02 basic and diluted earnings per share after extra ordinary items on net sales/income from operations of INR 0.291 million for the corresponding period last year. Loss from operations before other income, finance costs and exceptional items was INR 0.910 million against profit from operations of INR 0.309 million for the same period last year. Loss from ordinary activities before tax was INR 0.366 million against profit from ordinary activities before tax of INR 1.139 million of prior year period.

For the year, on standalone basis, the company reported net profit after minority interest of INR 0.779 million or INR 0.02 basic and diluted earnings per share after extra ordinary items on net sales/income from operations of INR 40.547 million compared to net profit after minority interest of INR 1.130 million or INR 0.32 basic and diluted earnings per share after extra ordinary items on net sales/income from operations of INR 0.700 million of prior year. Loss from operations before other income, finance costs and exceptional items was INR 4.351 million against INR 0.201 million of prior year period. Profit from ordinary activities before tax was INR 1.016 million against INR 1.199 million of prior year period.

For the year, on consolidated basis, the company reported net profit after minority interest of INR 6.056 million or INR 0.17 basic and diluted earnings per share after extra ordinary items on net sales/income from operations of INR 44.858 million.