UFM Industries Ltd. 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 operations (net of excise duty) of INR 93.585 million compared to INR 114.824 million a year ago. Profit from operation before other income, finance cost and exceptional items was INR 0.778 million compared with INR 2.094 million for the same period a year ago. Profit from ordinary activities before tax was INR 1.128 million compared with INR 1.793 million for the same period a year ago. Net profit was INR 0.837 million or INR 0.14 per basic and diluted share before and after extraordinary items compared not annualized with INR 1.311 million or INR 0.22 per basic and diluted share before and after extraordinary items not annualized for the same period a year ago.

For the nine months, the company reported net sales/income from operations (net of excise duty) of INR 347.301 million compared to INR 364.167 million a year ago. Profit from operation before other income, finance cost and exceptional items was INR 3.142 million compared with INR 5.321 million for the same period a year ago. Profit from ordinary activities before tax was INR 3.501 million compared with INR 3.592 million for the same period a year ago. Net profit was INR 0.848 million or INR 0.14 per basic and diluted share before and after extraordinary items not annualized compared with INR 2.437 million or INR 0.41 per basic and diluted share before and after extraordinary items not annualized for the same period a year ago.