Neo Corp. International Ltd. Reports Unaudited Consolidated Earnings Results for the Nine Months Ended December 31, 2014 and Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2014
For the quarter, on the standalone basis, net sales/income from operation was INR 1,942.9 million against INR 1,385.6 million a year ago. Profit from operation before other income, finance costs and exceptional items was INR 179.8 million against INR 148.6 million a year ago. Profit from ordinary activities before tax was INR 82.4 million against INR 66.6 million a year ago. Net profit after tax was INR 81.1 million or INR 2.13 per basic and diluted share against INR 50.2 million or INR 1.32 per basic and diluted share a year ago.
For the nine months, on the standalone basis, net sales/income from operation was INR 5,273.9 million, profit from operation before other income, finance costs and exceptional items was INR 524.7 million, profit from ordinary activities before tax was INR 302.7 million and net profit after tax was INR 233.3 million or INR 6.14 per basic and diluted share.