Lakshmi Energy and Foods Ltd. reported unaudited standalone and consolidated earnings results for the third quarter and nine months ended June 30, 2013. For the quarter, on standalone basis, net sales /income from operations was INR 4,848.60 million compared to INR 2,920.20 million a year ago. Profit from operations before other income finance cost and exceptional items was INR 502.33 million compared to INR 439.40 million a year ago. Profit from ordinary activities before tax was INR 371.14 million against INR 55.52 million a year ago. Net profit was INR 319.71 million or INR 4.57 per diluted share before and after extraordinary items compared to net profit of INR 79.90 million or INR 1.26 per basic and diluted share before and after extraordinary items a year ago.

For the nine months, on standalone basis, net sales /income from operations was INR 13,210.47 million compared to INR 8,917.94 million a year ago. Profit from operations before other income finance cost and exceptional items was INR 1,039.20 million compared to INR 941.96 million a year ago. Profit from ordinary activities before tax was INR 689.82 million against loss from ordinary activities before tax of INR 60.49 million a year ago. Net profit was INR 692.93 million or INR 5.19 per diluted share after extraordinary items compared to net profit of INR 13.31 million or INR 0.21 per basic and diluted share before and after extraordinary items a year ago.

For the third quarter, on consolidated basis, net sales /income from operations were INR 4,953.92 million against INR 2,723.78 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 510.1 million against INR 439.75 million a year ago. Profit from ordinary activities before tax was INR 378.93 million against INR 55.37 million a year ago. Net profit for the period was INR 327.51 million or INR 4.68 per diluted share before and after extraordinary items against INR 79.75 million or INR 1.26 per basic and diluted share before and after extraordinary items a year ago.

For the nine months, on consolidated basis, net sales /income from operations were INR 13,603.67 million against INR 8,747.19 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1,043.57 million against INR 912.12 million a year ago. Profit from ordinary activities before tax was INR 699.02 million against loss from ordinary activities before tax of INR 79.42 million a year ago. Net profit for the period was INR 372.31 million or INR 5.32 per diluted share after extraordinary items against net loss for the period of INR 5.62 million or INR 0.09 per basic and diluted share before and after extraordinary items a year ago.