Gujarat Ambuja Exports Limited 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 7,785.3 million compared with INR 7,965.2 million for the same period a year ago. Profit from operation before other income, finance cost and exceptional items was INR 317.4 million compared with INR 308.2 million for the same period a year ago. Profit from ordinary activities before tax was INR 345.3 million compared with INR 311.0 million for the same period a year ago. Net profit was INR 312.5 million or INR 2.26 per basic and diluted share before and after extraordinary items compared with INR 223.0 million or INR 1.61 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 20,774.8 million compared with INR 19,115.8 million for the same period a year ago. Profit from operation before other income, finance cost and exceptional items was INR 905.9 million compared with INR 899.9 million for the same period a year ago. Profit from ordinary activities before tax was INR 898.7 million compared with INR 870.9 million for the same period a year ago. Net profit was INR 721.3 million or INR 5.21 per basic and diluted share before and after extraordinary items compared with INR 641.1 million or INR 4.63 per basic and diluted share before and after extraordinary items for the same period a year ago.