Usher Agro Ltd. announced audited standalone earnings results for the third quarter and nine months ended March 31, 2015 and consolidated earnings results for the nine months ended March 31, 2015. For the quarter, on standalone basis, net sales/income from operations of INR 4,021.091 against INR 2,818.531 a year ago. Profit from ordinary activities before finance cost & exceptional items was INR 378.714 million compared with INR 364.493 million for the same period last year. Profit from ordinary activities before tax was INR 66.604 million compared with INR 178.102 million for the same period last year. Net profit for the period was INR 31.274 million or INR 0.82 per basic and diluted share before and after extraordinary items compared with INR 142.482 million or INR 3.74 per basic and diluted share before and after extraordinary items for the same period last year.

For the nine months, on standalone basis, net sales/income from operations of INR 12,206.755 against INR 11,667.460 a year ago. Profit from ordinary activities before finance cost & exceptional items was INR 1,364.893 million compared with INR 1,419.327 million for the same period last year. Profit from ordinary activities before tax was INR 541.726 million compared with INR 651.156 million for the same period last year. Net profit for the period was INR 418.498 million or INR 11.00 per basic and diluted share before and after extraordinary items compared with INR 644.553 million or INR 16.94 per basic and diluted share before and after extraordinary items for the same period last year.

For the nine months, on consolidated basis, net sales/income from operations of INR 12,351.187 against INR 11,274.917 a year ago. Profit from ordinary activities before finance cost & exceptional items was INR 1,377.287 million compared with INR 1,421.091 million for the same period last year. Profit from ordinary activities before tax was INR 476.768 million compared with INR 585.218 million for the same period last year. Net profit for the period was INR 409.363 million or INR 10.76 per basic and diluted share before and after extraordinary items compared with INR 603.209 million or INR 15.85 per basic and diluted share before and after extraordinary items for the same period last year.