Sterling International Enterprises Ltd. announced audited standalone and consolidated earnings results for the fourth quarter and full year ended June 30, 2013. On consolidated basis, for the quarter, the company reported net sales/income from operations of INR 2,623.876 million compared to INR 1,326.68 million for the same period a year ago. Profit from operations before other income and finance costs was INR 211.759 million compared to INR 124.1 million for the same period a year ago. Profit from ordinary activities after finance costs but before tax was INR 180.257 million compared to INR 115.13 million for the same period a year ago. Net profit from ordinary activities after tax was INR 178.352 million compared to INR 115.09 million for the same period a year ago. Earnings per share before and after deferred tax was INR 0.66 compared to INR 0.42 for the same period a year ago.

On consolidated basis, for the year, the company reported net sales/income from operations of INR 4,701.897 million compared to INR 9,278.05 million for the same period a year ago. Profit from operations before other income and finance costs was INR 295.854 million compared to INR 1,362.75 million for the same period a year ago. Profit from ordinary activities after finance costs but before tax was INR 224.725 million compared to INR 1,322.35 million for the same period a year ago. Net profit from ordinary activities after tax was INR 219.82 million compared to INR 1,321.21 million for the same period a year ago. earnings per share before and after deferred tax was INR 0.81 compared to INR 4.87 for the same period a year ago.

On standalone basis, for the quarter, the company reported net sales/income from operations of INR 18.76 million compared to INR 17.07 million for the same period a year ago. Profit from operations before other income and finance costs was INR 5.454 million compared to INR 9.12 million for the same period a year ago. Profit from ordinary activities after finance costs but before tax was INR 4.862 million compared to INR 0.151 million for the same period a year ago. Net profit from ordinary activities after tax was INR 2.957 million compared to INR 0.111 million for the same period a year ago. Earnings per share before and after deferred tax was INR 0.01 compared to INR 0.00 for the same period a year ago.

On standalone basis, for the year, the company reported net sales/income from operations of INR 61.285 million compared to INR 72.15 million for the same period a year ago. Profit from operations before other income and finance costs was INR 27.057 million compared to INR 45.29 million for the same period a year ago. Profit from ordinary activities after finance costs but before tax was INR 19.904 million compared to INR 4.88 million for the same period a year ago. Net profit from ordinary activities after tax was INR 14.999 million compared to INR 3.741 million for the same period a year ago. Earnings per share before and after deferred tax was INR 0.06 compared to INR 0.01 for the same period a year ago.