Swelect Energy Systems Limited reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2012. For the quarter on standalone basis, net sales/income from operation was INR 678.9 million against INR 1,296.84 million a year ago. Loss from operations before other income, finance cost and exceptional items was INR 15.0 million compared to profit from operations before other income, finance cost and exceptional items of INR 66.30 million reported a year ago. Profit from ordinary activities before tax was INR 120.32 million against INR 83.62 million a year ago. Net profit was INR 110.995 million or INR 10.98 per basic and diluted share against INR 72.07 million or INR 7.13 per basic and diluted share a year ago.

For the nine months, on standalone basis, net sales/income from operation was INR 847.48 million against INR 3,915.61 million a year ago. Loss from operations before other income, finance cost and exceptional items was INR 108.47 million compared to profit from operations before other income, finance cost and exceptional items of INR 244.74 million reported a year ago. Profit from ordinary activities before tax was INR 6,377.48 million against INR 287.14 million a year ago. Net profit was INR 5,002.02 million or INR 494.96 per basic and diluted share against INR 236.12 million or INR 23.36 per basic and diluted share a year ago.