Gandhi Special Tubes Ltd. reported unaudited standalone earnings results for the third quarter and nine months ended Dec. 31, 2014. For the quarter, the company reported net sales /income from operations of INR 219.64 million compared to INR 162.05 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 49.84 million compared to INR 56.26 million a year ago. Profit from ordinary activities before tax was INR 49.84 million against INR 56.26 million a year ago. Net profit was INR 34.57 million or INR 2.35 per basic and diluted share compared to INR 38.57 million or INR 2.62 per basic and diluted share a year ago.

For the nine months, the company reported net sales /income from operations of INR 693.51 million compared to INR 588.14 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 151.72 million compared to INR 159.37 million a year ago. Profit from ordinary activities before tax was INR 177.87 million against INR 234.56 million a year ago. Net profit was INR 126.74 million or INR 8.62 per basic and diluted share compared to INR 172.66 million or INR 11.75 per basic and diluted share a year ago.