Ludlow Jute & Specialities Ltd. announced unaudited standalone earnings results for the third quarter and nine months ended December 31, 2016. For the quarter, the company's net sales/income from operations was INR 829.4 million compared with INR 831.3 million a year ago. Profit from operations before other income, interest and exceptional items was INR 11.0 million compared with INR 25.4 million a year ago. Profit from ordinary activities before tax was INR 6.5 million compared with INR 22.6 million a year ago. Net profit for the period was INR 4.8 million or INR 0.44 per basic and diluted share compared with INR 14.8 million or INR 1.37 per basic and diluted share a year ago. For the nine months, the company's net sales/income from operations was INR 2,637.2 million compared with INR 2,478.7 million a year ago. Profit from operations before other income, interest and exceptional items was INR 111.8 million compared with INR 90.7 million a year ago. Profit from ordinary activities before tax was INR 99.1 million compared with INR 73.3 million a year ago. Net profit for the period was INR 65.5 million or INR 6.06 per basic and diluted share compared with INR 50.4 million or INR 4.67 per basic and diluted share a year ago.