Premier Pipes Ltd. reported unaudited earnings results for the third quarter and nine months ended December 31, 2014. For the quarter, the company reported net sales/income from operations (net of excise duty) of INR 86.865 million against INR 70.672 million for the same period a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1.891 million against INR 2.574 million a year ago. Profit from ordinary activities before tax was INR 1.015 million against INR 0.952 million a year ago. Net profit was INR 0.701 million or INR 0.20 per basic and diluted share before and after extra ordinary items against INR 0.658 million or INR 0.19 per basic and diluted share before and after extra ordinary items last year.

For the nine months, the company reported net sales/income from operations (net of excise duty) of INR 261.891 million against INR 132.483 million for the same period a year ago. Profit from operations before other income, finance costs and exceptional items was INR 9.163 million against INR 5.064 million a year ago. Profit from ordinary activities before tax was INR 3.536 million against INR 2.005 million a year ago. Net profit was INR 2.443 million or INR 0.69 per basic and diluted share before and after extra ordinary items against INR 1.386 million or INR 0.39 per basic and diluted share before and after extra ordinary items last year.