Fairdeal Filaments Ltd. announced unaudited standalone earnings results for the third quarter and nine months ended December 31, 2015. For the quarter, the company reported net sales of INR 438.175 million compared with INR 488.937 million for the same period a year ago. Profit from operation before other income, finance cost and exceptional items was INR 15.729 million compared with INR 18.068 million for the same period a year ago. Profit from ordinary activities before tax was INR 2.309 million compared with INR 5.485 million for the same period a year ago. Net profit was INR 0.418 million or INR 0.07 per basic and diluted share before and after extraordinary items compared with INR 3.399 million or INR 0.93 per basic and diluted share before and after extraordinary items for the same period a year ago.

For the nine months, the company reported net sales of INR 1,370.092 million compared with INR 1,351.467 million for the same period a year ago. Profit from operation before other income, finance cost and exceptional items was INR 57.197 million compared with INR 47.820 million for the same period a year ago. Profit from ordinary activities before tax was INR 18.468 million compared with INR 13.310 million for the same period a year ago. Net profit was INR 13.481 million or INR 2.40 per basic and diluted share before and after extraordinary items compared with INR 9.916 million or INR 2.71 per basic and diluted share before and after extraordinary items for the same period a year ago.