Banaras Beads Limited reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2016. For the quarter, the company reported net sales of INR 62.226 million against INR 56.999 million a year ago. Profit from operations before other income, interest cost and exceptional items was INR 6.573 million against INR 0.053 million a year ago. Profit from ordinary activities before tax was INR 7.361 million against INR 52.462 million a year ago. Net profit for the period was INR 5.361 million against INR 44.962 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 0.81 against INR 6.78 a year ago. For the nine months, the company reported net sales of INR 170.537 million against INR 185.076 million a year ago. Profit from operations before other income, interest and exceptional items was INR 12.411 million against INR 14.060 million a year ago. Profit from ordinary activities before tax was INR 19.909 million against INR 71.365 million a year ago. Net profit for the period was INR 14.409 million against INR 58.865 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 2.17 against INR 8.87 a year ago.