Deep Industries Ltd. announced unaudited standalone earnings results for the third quarter and nine months ended December 31, 2015. For the quarter, on standalone basis, the company reported net sales of INR 526.9 million against INR 260.8 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 268.8 million against INR 111.11 million a year ago. Profit from ordinary activities before tax was INR 230.0 million against INR 83.6 million a year ago. Net profit for the period was INR 133.3 million against INR 55.7 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 4.57 against INR 1.91 a year ago.

For the nine months, on standalone basis, the company reported net sales of INR 1,141.8 million against INR 785.0 million for the same period last year. Profit from operations before other income, finance costs and exceptional items was INR 545.3 million against INR 326.0 million a year ago. Profit from ordinary activities before tax was INR 449.7 million against INR 249.8 million a year ago. Net profit for the period was INR 280.7 million against INR 167.37 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 9.62 against INR 5.73 a year ago.