Shilp Gravures Limited announced unaudited standalone earnings results for the third quarter and nine months ended December 31, 2013. For the quarter, on standalone basis, the company reported net sales/income from operations of INR 129.440 million against INR 133.549 million for the same period a year ago. Profit from operations before other income, finance costs and exceptional items was INR 13.205 million against INR 23.206 million for the same period a year ago. Profit from ordinary activities before tax was INR 9.578 million against INR 19.201 million for the same period a year ago. Net profit for the period was INR 5.129 million or INR 0.83 per basic and diluted share against INR 14.928 million or INR 2.43 per basic and diluted share for the same period a year ago.

For the nine months, on standalone basis, the company reported net sales/income from operations of INR 394.327 million against INR 410.666 million for the same period a year ago. Profit from operations before other income, finance costs and exceptional items was INR 56.583 million against INR 76.555 million for the same period a year ago. Profit from ordinary activities before tax was INR 44.269 million against INR 64.370 million for the same period a year ago. Net profit for the period was INR 29.235 million or INR 4.75 per basic and diluted share against INR 48.546 million or INR 7.89 per basic and diluted share for the same period a year ago.