Vardhman Industries Limited reported 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 327.461 million, profit from operations before other income, finance costs and exceptional items of INR 25.066 million, profit from ordinary activities before tax of INR 9.796 million and net profit of INR 9.796 million or INR 1.24 per basic and diluted share (before and after extraordinary items) compared to net sales of INR 793.153 million, profit from operations before other income, finance costs and exceptional items of INR 33.755 million, profit from ordinary activities before tax of INR 12.695 million and net profit of INR 10.195 million or INR 1.29 per basic and diluted share (before and after extraordinary items) reported in the same period last year.

For the nine months, the company reported net sales of INR 1,690.250 million, profit from operations before other income, finance costs and exceptional items of INR 70.186 million, profit from ordinary activities before tax of INR 25.941 million and net profit of INR 22.891 million or INR 2.90 per basic and diluted share (before and after extraordinary items) compared to net sales of INR 2,272.097 million, profit from operations before other income, finance costs and exceptional items of INR 107.980 million, profit from ordinary activities before tax of INR 50.500 million and net profit of INR 40.800 million or INR 5.17 per basic and diluted share (before and after extraordinary items) reported in the same period last year.