TCI Developers Ltd. reported standalone earnings results for the third quarter and standalone, consolidated earnings results for the nine months ended December 31, 2012. For the quarter, on standalone basis, the company reported net sales/income from operations of INR 2.486 million against INR 2.252 million for the same period a year ago. Profit from operations before other income, finance costs and exceptional items was INR 0.268 million against INR 0.640 million for the same period a year ago. Profit from ordinary activities before tax was INR 0.248 million against INR 1.173 million for the same period a year ago. Net income was INR 0.163 million against INR 1.093 million for the same period a year ago. Loss per share was INR 0.10 per basic and diluted share before and after extraordinary items against earnings per share of INR 0.29 per basic and diluted share before and after extraordinary items for the same period a year ago.

For the nine months, on standalone basis, the company reported net sales/income from operations of INR 6.988 million against INR 4.861 million for the same period a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1.522 million against INR 0.382 million for the same period a year ago. Profit from ordinary activities before tax was INR 1.480 million against INR 1.234 million for the same period a year ago. Net income was INR 1.028 million against INR 0.834 million for the same period a year ago. Loss per share was INR 0.15 per basic and diluted share before and after extraordinary items against earnings per share of INR 0.22 per basic and diluted share before and after extraordinary items for the same period a year ago.

For the nine months, on consolidated basis, the company reported net sales/income from operations of INR 19.352 million against INR 13.774 million for the same period a year ago. Profit from operations before other income, finance costs and exceptional items was INR 11.947 million against INR 7.269 million for the same period a year ago. Profit from ordinary activities before tax was INR 12.150 million against INR 8.701 million for the same period a year ago. Net income was INR 9.101 million or INR 1.97 per basic and diluted share before and after extraordinary items against INR 6.327 million or INR 1.66 per basic and diluted share before and after extraordinary items for the same period a year ago.