Omaxe Ltd. announced unaudited standalone and consolidated earnings results for the third quarter and nine months ended December 31, 2014. For the quarter, the standalone company reported net sales of INR 2,321.436 million compared with INR 2,617.224 million for the same period a year ago. Profit from operation before other income, finance cost and exceptional items was INR 442.024 million compared with INR 459.987 million for the same period a year ago. Profit from ordinary activities before tax was INR 191.272 million compared with INR 147.435 million for the same period a year ago. Net profit after tax, minority interest and share of profit from associates was INR 106.262 million or INR 0.57 per basic and diluted share compared with INR 122.017 million or INR 0.67 per basic and diluted share for the same period a year ago.

For the nine months, the standalone company reported net sales of INR 7,447.147 million compared with INR 8,168.424 million for the same period a year ago. Profit from operation before other income, finance cost and exceptional items was INR 1,453.464 million compared with INR 1,302.173 million for the same period a year ago. Profit from ordinary activities before tax was INR 567.423 million compared with INR 547.533 million for the same period a year ago. Net profit after tax, minority interest and share of profit from associates was INR 311.421 million or INR 1.69 per basic and diluted share compared with INR 443.502 million or INR 2.42 per basic and diluted share for the same period a year ago.

For the quarter, the consolidated company reported net sales of INR 3,027.593 million compared with INR 3,377.920 million for the same period a year ago. Profit from operation before other income, finance cost and exceptional items was INR 547.746 million compared with INR 487.195 million for the same period a year ago. Profit from ordinary activities before tax was INR 228.181 million compared with INR 197.782 million for the same period a year ago. Net profit after tax, minority interest and share of profit from associates was INR 139.193 million or INR 0.75 per basic and diluted share items compared with INR 162.481 million or INR 0.89 per basic and diluted share items for the same period a year ago. EBIDTA was INR 650 million against INR 560 million a year ago. Income from operations was INR 3,080 million against INR 3,420 million a year ago. Cash flow from operations was INR 3,990 million.

For the nine months, the consolidated company reported net sales of INR 10,030.952 million compared with INR 10,951.782 million for the same period a year ago. Profit from operation before other income, finance cost and exceptional items was INR 1,744.171 million compared with INR 1,489.563 million for the same period a year ago. Profit from ordinary activities before tax was INR 753.412 million compared with INR 707.539 million for the same period a year ago. Net profit after tax, minority interest and share of profit from associates was INR 398.263 million or INR 2.17 per basic and diluted share compared with INR 534.341 million or INR 2.92 per basic and diluted share for the same period a year ago. EBIDTA was INR 2,060 million against INR 1,710 million a year ago. Income from operations was INR 10,170 million against INR 11,090 million a year ago. Gross debt as at December 31, 2014 was INR 11,470 million. Cash flow from operations was INR 11,680 million.