Modi Naturals Ltd. announced unaudited standalone earnings results for the third quarter and nine months ended December 31, 2015. For the quarter, the company's net sales/income from operations was INR 864.2 million compared with INR 728.1 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 15.5 million compared with INR 6.1 million a year ago. Profit from ordinary activities before tax was INR 27.5 million compared with INR 0.3 million a year ago. Net profit was INR 23.5 million or INR 2.11 per basic and diluted share compared with INR 0.3 million or INR 0.03 per basic and diluted share a year ago.

For the nine months, the company's net sales/income from operations was INR 1,800.4 million compared with INR 1,623.8 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 40.5 million compared with INR 21.3 million a year ago. Profit from ordinary activities before tax was INR 36.6 million compared with INR 2.5 million a year ago. Net profit was INR 32.6 million or INR 2.93 per basic and diluted share compared with INR 2.5 million or INR 0.23 per basic and diluted share a year ago.