REI Agro Limited announced unaudited consolidated and standalone earnings results for the first quarter ended June 30, 2013. For the quarter, on consolidated basis, the company reported net sales/income from operations of INR 29,374.436 million compared to INR 19,818.024 million a year ago. Profit from operations before other income, interest & exceptional items was INR 4,049.032 million compared to INR 2,325.921 million a year ago. Profit from ordinary activities before tax was INR 1,939.427 million compared to INR 331.59 million a year ago. Net profit was INR 1,872.233 million or INR 1.76 per diluted share compared to INR 325.193 million or INR 0.30 per diluted share for the same period a year ago.

For the quarter, on standalone basis, the company reported net sales/income from operations of INR 11,251.139 million compared to INR 15,080.504 million a year ago. Profit from operations before other income, interest & exceptional items was INR 1,898.521 million compared to INR 2,001.837 million a year ago. Profit from ordinary activities before tax was INR 54.468 million compared to INR 30.218 million a year ago. Net profit was INR 54.307 million or INR 0.05 per diluted share compared to INR 23.821 million or INR 0.02 per diluted share for the same period a year ago.