HEG Limited 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 1,763.9 million against INR 2,778.7 million a year ago. Profit from operation before other income, finance cost and exceptional item was INR 192.2 million against INR 259.9 million a year ago. Profit from ordinary activities before tax was INR 66.6 million against INR 62.7 million a year ago. Net profit was INR 64.9 million or INR 1.62 per basic and diluted share against INR 104.5 million or INR 2.62 per basic and diluted share a year ago. EBITDA was INR 401.8 million compared to INR 461.3 million a year ago. EBIT was INR 200.6 million compared to INR 268.3 million a year ago.

For the nine months, net sales/income from operation was INR 6,634.9 million against INR 9,443.9 million a year ago. Profit from operation before other income, finance cost and exceptional item was INR 567.2 million against INR 858.5 million a year ago. Profit from ordinary activities before tax was INR 135.2 million against INR 375.4 million a year ago. Net profit was INR 106.1 million or INR 2.65 per basic and diluted share against INR 349.7 million or INR 8.75 per basic and diluted share a year ago.