Sterling International Enterprises Ltd. announced unaudited standalone and consolidated earnings results for the first quarter ended September 30, 2013. On consolidated basis, for the quarter, the company reported net sales/income from operations of INR 1,158.009 million compared to INR 604.408 million for the same period a year ago. Profit from operations before other income and finance costs was INR 81.265 million compared to INR 24.783 million for the same period a year ago. Profit from ordinary activities after finance costs but before tax was INR 13.325 million compared to INR 11.901 million for the same period a year ago. Net profit from ordinary activities after tax was INR 13.241 million compared to INR 11.826 million for the same period a year ago. Earnings per share was INR 0.05 compared to INR 0.04 for the same period a year ago.

On standalone basis, for the quarter, the company reported net sales/income from operations of INR 7.485 million compared to INR 19.873 million for the same period a year ago. Profit from operations before other income and finance costs was INR 4.332 million compared to INR 13.119 million for the same period a year ago. Profit from ordinary activities after finance costs but before tax was INR 0.422 million compared to INR 0.237 million for the same period a year ago. Net profit from ordinary activities after tax was INR 0.358 million compared to INR 0.162 million for the same period a year ago.