Ludlow Jute & Specialities Ltd. announced unaudited earnings results for the third quarter and nine months ended December 31, 2011. For the quarter, the company reported net sales/income from operations of INR 717.6 million against INR 731.0 million a year ago. Profit from operations before other income, interest and exceptional items was INR 28.4 million against INR 3.1 million a year ago. Profit from ordinary activities before tax was INR 27.1 million against INR 2.8 million a year ago. Net profit from ordinary activities after tax was INR 19.0 million or INR 1.76 per basic and diluted share against INR 2.0 million or INR 0.19 per basic and diluted share a year ago. For the nine months, the company reported net sales/income from operations of INR 2,106.9 million against INR 2,354.8 million a year ago. Profit from operations before other income, interest and exceptional items was INR 60.3 million against INR 255.5 million a year ago. Profit from ordinary activities before tax was INR 55.9 million against INR 240.4 million a year ago. Net profit from ordinary activities after tax was INR 40.1 million or INR 3.71 per basic and diluted share against INR 161.0 million or INR 14.91 per basic and diluted share a year ago.