Sterling International Enterprises Ltd. announced unaudited standalone and consolidated earnings results for the first quarter ended September 30, 2012. On consolidated basis, for the quarter, the company reported net sales/income from operations of INR 604.498 million compared to INR 4,891.677 million for the same period a year ago. Profit from operations before other income and finance costs was INR 24.783 million compared to INR 829.203 million for the same period a year ago. Profit from ordinary activities after finance costs but before tax was INR 11.901 million compared to INR 819.185 million for the same period a year ago. Net profit from ordinary activities after tax was INR 11.826 million compared to INR 818.885 million for the same period a year ago. Earnings per share was INR 0.04 compared to INR 3.02 for the same period a year ago.

On standalone basis, for the quarter, the company reported net sales/income from operations of INR 19.873 million compared to INR 17.766 million for the same period a year ago. Profit from operations before other income and finance costs was INR 13.119 million compared to INR 11.109 million for the same period a year ago. Profit from ordinary activities after finance costs but before tax was INR 0.237 million compared to INR 1.091 million for the same period a year ago. Net profit from ordinary activities after tax was INR 0.162 million compared to INR 0.791 million for the same period a year ago.