Lakshmi Energy and Foods Ltd. announced unaudited standalone and consolidated earnings results for the fourth quarter and full year ended September 30, 2012. For the quarter, on standalone basis, the company reported net sales of INR 3,182.46 million against INR 3,871.15 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 411.37 million against loss from operations before other income, finance costs and exceptional items of INR 27.30 million a year ago. Profit from ordinary activities before tax was INR 69.66 million against loss from ordinary activities before tax of INR 295.67 million a year ago. Net profit for the period was INR 195.58 million against net loss for the period INR 277.96 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 3.10 against basic and diluted loss per share before and after extraordinary items of INR 4.40 a year ago.

For the full year, on standalone basis, the company reported net sales of INR 12,100.40 million against INR 10,370.88 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1,353.33 million against INR 1,093.23 million a year ago. Profit from ordinary activities before tax was INR 9.17 million against INR 40.21 million a year ago. Net profit for the period was INR 108.17 million against INR 123.29 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 1.71 against INR 1.95 a year ago.

For the quarter, on consolidated basis, the company reported net sales of INR 6,719.71 million against INR 4,079.58 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 416.01 million against loss from operations before other income, finance costs and exceptional items of INR 23.88 million a year ago. Profit from ordinary activities before tax was INR 75.40 million against loss from ordinary activities before tax of INR 292.26 million a year ago. Net profit for the period was INR 100.60 million against net loss for the period of INR 275.41 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 1.59 against basic and diluted loss per share before and after extraordinary items of INR 4.36 a year ago.

For the full year, on consolidated basis, the company reported net sales of INR 15,466.90 million against INR 10,288.70 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1,328.13 million against INR 1,084.92 million a year ago. Loss from ordinary activities before tax was INR 4.02 million against profit from ordinary activities before tax of INR 46.03 million a year ago. Net profit for the period was INR 69.78 million against INR 124.95 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 1.10 against INR 1.98 a year ago.