Asahi Songwon Colors Ltd. reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2015. For the quarter, the company reported total income from operations (net) of INR 446.709 million compared to INR 664.980 million a year ago. Profit from operation before other income, finance costs, exceptional items and prior period adjustments was INR 51.727 million compared to INR 89.621 million a year ago. Profit from ordinary activities before tax was INR 54.041 million compared to INR 78.378 million a year ago. Net profit for the period was INR 41.531 million or INR 3.38 per basic and diluted share before and after extraordinary items compared to INR 51.468 million or INR 4.19 per basic and diluted share before and after extraordinary items a year ago.

For the nine months, the company reported total income from operations (net) of INR 1,632.435 million compared to INR 1,887.285 million a year ago. Profit from operation before other income, finance costs, exceptional items and prior period adjustments was INR 221.487 million compared to INR 233.615 million a year ago. Profit from ordinary activities before tax was INR 209.386 million compared to INR 202.142 million a year ago. Net profit for the period was INR 146.057 million or INR 11.90 per basic and diluted share before and after extraordinary items compared to INR 134.209 million or INR 10.94 per basic and diluted share before and after extraordinary items a year ago.