V B Desai Financial Services Ltd. reported unaudited earnings results for the third quarter and nine months ended December 31, 2011. For the quarter, the company reported net sales/income from operations of INR 1.825 million against INR 1.615 million a year ago. Total revenue was INR 1.983 million against INR 1.834 million for the same period a year ago. Profit from operations before other income, interest and exceptional items was INR 0.491 million against INR 0.215 million a year ago. Profit from ordinary activities before tax was INR 0.491 million against INR 0.215 million a year ago. Net profit was INR 0.339 million or INR 0.07 per diluted share against net profit of INR 0.178 million or INR 0.04 per diluted share a year ago. For the nine months, the company reported net sales/income from operations of INR 5.140 million against INR 5.455 million a year ago. Total revenue was INR 5.412 million against INR 5.820 million for the same period a year ago. Profit from operations before other income, interest and exceptional items was INR 1.265 million against INR 1.613 million a year ago. Profit from ordinary activities before tax was INR 1.265 million against INR 1.613 million a year ago. Net profit was INR 0.851 million or INR 0.18 per diluted share against net profit of INR 1.366 million or INR 0.30 per diluted share a year ago.