Tirupati Industries (India) 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/income from operation (net of excise duty) of INR 136.446 million against INR 147.717 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 7.078 million against INR 2.984 million a year ago. Profit from ordinary activities before tax was INR 4.011 million against INR 11.418 million a year ago. Net profit from ordinary activities after tax was INR 3.246 million against INR 9.242 million a year ago. Diluted earnings per share before and after extraordinary items were INR 0.468 against INR 1.239 a year ago.

For the nine months, the company reported net sales/income from operation (net of excise duty) of INR 368.773 million against INR 348.921 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 21.747 million against INR 159.59 million a year ago. Profit from ordinary activities before tax was INR 13.177 million against INR 25.202 million a year ago. Net profit from ordinary activities after tax was INR 10.562 million against INR 20.399 million a year ago. Diluted earnings per share before and after extraordinary items were INR 1.605 against INR 2.839 a year ago.