Mideast Portfolio Management Limited announced unaudited standalone earnings results for the third quarter and nine months ended December 31, 2015. For the quarter, the company reported net sales of INR 0.659 million compared with INR 0.015 million for the same period a year ago. Profit from operation before other income, finance cost and exceptional items was INR 0.365 million compared with loss from operation before other income, finance cost and exceptional items of INR 0.228 million for the same period a year ago. Profit before interest but before exceptional items was INR 0.365 million compared with loss before interest but before exceptional items of INR 0.408 million for the same period a year ago. Net profit was INR 0.365 million or INR 0.12 per basic and diluted share compared with net loss of INR 0.408 million or INR 0.14 per basic and diluted share for the same period a year ago.

For the nine months, the company reported net sales of INR 2.038 million compared with INR 0.594 million for the same period a year ago. Profit from operation before other income, finance cost and exceptional items was INR 0.828 million compared with loss from operation before other income, finance cost and exceptional items of INR 0.355 million for the same period a year ago. Profit before interest but before exceptional items was INR 0.828 million compared with loss before interest but before exceptional items of INR 0.837 million for the same period a year ago. Net profit was INR 0.828 million or INR 0.28 per basic and diluted share compared with net loss of INR 0.837 million or INR 0.28 per basic and diluted share for the same period a year ago.