Seshasayee Paper and Boards Ltd. reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2015. For the quarter, net sales/income from operation was INR 2,207.9 million against INR 2,563.4 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 131.2 million against INR 123.7 million a year ago. Profit from ordinary activities before tax was INR 61.4 million against INR 39.5 million a year ago. Net profit was INR 41.3 million or INR 3.27 per basic and diluted share before and after extraordinary items (not annualized) against INR 26.5 million or INR 2.10 per basic and diluted share before and after extraordinary items (not annualized) a year ago.

For the nine months, net sales/income from operation was INR 6,839.9 million against INR 6,952.1 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 470.5 million against INR 505.0 million a year ago. Profit from ordinary activities before tax was INR 248.2 million against INR 217.2 million a year ago. Net profit was INR 167.1 million or INR 13.24 per basic and diluted share before and after extraordinary items (not annualized) against INR 145.5 million or INR 11.53 per basic and diluted share before and after extraordinary items (not annualized) a year ago.