Mahanivesh (India) Limited announced earnings results for the third quarter and nine months ended December 31, 2013. For the quarter, the company reported gross sales/income from operations of INR 110.54 million against INR 120.11 million a year ago. Total income was INR 110.54 million against INR 120.38 million a year ago. Profit from ordinary activities before tax was INR 0.08 million against INR 2.08 million a year ago. Net profit for the period was INR 0.06 million or INR 0.01 per basic and diluted share before and after extraordinary items against INR 2.08 million or INR 0.21 per basic and diluted share before and after extraordinary items a year ago.

For the nine months, the company reported gross sales/income from operations of INR 326.50 million against INR 372.10 million a year ago. Total income was INR 326.6 million against INR 372.85 million a year ago. Profit from ordinary activities before tax was INR 0.76 million against INR 3.39 million a year ago. Net profit for the period was INR 0.66 million or INR 0.07 per basic and diluted share before and after extraordinary items against INR 3.39 million or INR 0.34 per basic and diluted share before and after extraordinary items a year ago.