Nath Seeds Limited announced unaudited financial results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported net sales/income from operations (net of excise duty) of INR 0.795 million against INR 17.6 million a year ago. Profit from operations before income, finance cost and exceptional items was INR 0.859 million against loss from operations before income, finance cost and exceptional items of INR 10.690 million a year ago. Profit from ordinary activities before tax was INR 0.241 million against loss from ordinary activities before tax of INR 12.715 million a year ago. Net profit for the period was INR 0.241 million or INR 0.02 per basic and diluted share against net loss for the period of INR 12.715 million or INR 0.84 per basic and diluted share a year ago.

For the nine months, the company reported net sales/income from operations (net of excise duty) of INR 80.998 million against INR 242.5 million a year ago. Profit from operations before income, finance cost and exceptional items was INR 3.47 million against INR 45.125 million a year ago. Profit from ordinary activities before tax was INR 1.230 million against INR 27.995 million a year ago. Net profit for the period was INR 1.23 million or INR 0.08 per basic and diluted share against INR 27.995 million or INR 1.86 per basic and diluted share a year ago.