Himatsingka Seide Ltd. reported unaudited stand-alone and consolidated earnings results for the third quarter and nine months ended December 31, 2015. For the quarter, on stand-alone basis, the company reported Net Sales were INR 2,505.5 million against INR 2,347.7 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 531.1 million against INR 362.4 million a year ago. Profit from ordinary activities before tax was INR 461.9 million compared to INR 302.3 million for the same period a year ago. Net profit after tax was INR 461.9 million or INR 4.69 basic and diluted earnings per share against INR 302.3 million or INR 3.07 basic and diluted earnings per share a year ago.

For the nine months, on stand-alone basis, the company reported Net Sales were INR 7,435.3 million against INR 6,975.7 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1,602.3 million against INR 1,010.7 million a year ago. Profit from ordinary activities before tax was INR 1,368.6 million compared to INR 804.1 million for the same period a year ago. Net profit after tax was INR 1,368.6 million or INR 13.90 basic and diluted earnings per share against INR 804.1 million or INR 8.17 basic and diluted earnings per share a year ago.

For the quarter, on consolidated basis, the company reported Net Sales were INR 4,161.7 million against INR 4,571.9 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 609.0 million against INR 427.8 million a year ago. Profit from ordinary activities before tax was INR 410.2 million compared to INR 225.6 million for the same period a year ago. Net profit after minority interest was INR 416.1 million or INR 4.23 basic and diluted earnings per share against INR 245.1 million or INR 2.49 basic and diluted earnings per share a year ago. Consolidated EBIT grew by 40.7% and stood at INR 622.8 million against INR 442.8 million in the corresponding quarter of the previous year. EBITDA (including other income) grew by 32.9% and stood at INR 741.1 million against INR 557.7 million in the corresponding quarter of the previous year.

For the nine months, on consolidated basis, the company reported Net Sales were INR 13,821.9 million against INR 14,574.4 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1,874 million against INR 1,284.9 million a year ago. Profit from ordinary activities before tax was INR 1,256.6 million compared to INR 689 million for the same period a year ago. Net profit after minority interest was INR 1,239.8 million or INR 12.59 basic and diluted earnings per share against INR 695.8 million or INR 7.07 basic and diluted earnings per share a year ago. Consolidated EBIT grew by 45.5% and stood at INR 1,912.2 million against INR 1,314.0 million in the corresponding nine months of the previous year. EBITDA (including other income) grew by 36.6% and stood at INR 2,264.6 million against INR 1,657.3 million in the corresponding nine months of the previous year.