ICVL Steels Limited reported Standalone unaudited financial results for the third quarter and nine months ended December 31, 2016, For the quarter, total income from operations was INR 0.85 million. Profit from operations before other income, finance costs and exceptional items was INR 0.647 million against loss of INR 0.189 million for the same period a year ago. Profit from ordinary activities before tax was INR 0.650 million against loss of INR 0.188 million for the same period a year ago. Net profit for the period was INR 0.449 million against loss of INR 0.188 million for the same period a year ago. Basic earnings per share were INR 0.014 against loss per share of INR 0.006 for the same period a year ago. For nine months, the company's total income from operations was INR 0.850 million. Profit from operations before other income, finance costs and exceptional items was INR 0.23 million against loss of INR 0.685 million for the same period a year ago. Profit from ordinary activities before tax was INR 0.233 million against loss of INR 0.684 million for the same period a year ago. Net profit for the period was INR 0.161 million against loss of INR 0.684 million for the same period a year ago. Basic Earnings per share were INR 0.005 against loss of INR 0.022 for the same period a year ago.