Sterling Tools Ltd. reported unaudited earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported net sales/income from operations of INR 616.697 million against INR 718.712 million a year ago. Profit from operations before other income, finance cots and exceptional items was INR 70.829 million against INR 93.121 million a year ago. Profit from ordinary activities before tax was INR 39.384 million compared to INR 67.340 million a year ago. Net profit was INR 22.323 million or INR 3.26 per basic and diluted share before and after extra ordinary items against net profit of INR 44.898 million or INR 6.56 per basic and diluted share before and after extra ordinary items a year ago.

For the nine months, the company reported net sales/income from operations of INR 2,043.447 million against INR 2,097.954 million a year ago. Profit from operations before other income, finance cots and exceptional items was INR 203.860 million against INR 243.212 million a year ago. Profit from ordinary activities before tax was INR 123.531 million compared to INR 175.840 million a year ago. Net profit was INR 73.044 million or INR 10.67 per basic and diluted share before and after extra ordinary items against net profit of INR 119.805 million or INR 17.50 per basic and diluted share before and after extra ordinary items a year ago.