Sterling International Enterprises Ltd. reported unaudited standalone and consolidated earnings results for the third quarter and nine months ended December 31, 2014. For the quarter, on standalone basis, the company reported net sales/income from operations of INR 4.897 million against INR 1.248 million for the same period in the last year. Profit from operations before other income and finance costs was INR 0.654 million against INR 4.717 million for the same period in the last year. Profit from ordinary activities after finance costs but before tax was INR 0.654 million against INR 0.515 million for the same period in the last year. Net profit from ordinary activities after tax was INR 0.629 million against INR 0.399 million for the same period in the last year.

For the nine months, on standalone basis, the company reported net sales/income from operations of INR 9.278 million against INR 8.733 million for the same period in the last year. Loss from operations before other income and finance costs was INR 2.761 million against profit from operations before other income and finance of INR 1.091 million for the same period in the last year. Profit from ordinary activities after finance costs but before tax was INR 1.091 million against INR 0.957 million for the same period in the last year. Net profit from ordinary activities after tax was INR 0.881 million against INR 0.757 million for the same period in the last year.

For the quarter, on consolidated basis, the company reported net sales/income from operations of INR 1,477.001 million against INR 1,093.197 million for the same period in the last year. Profit from operations before other income and finance costs was INR 67.586 million against INR 47.803 million for the same period in the last year. Profit from ordinary activities after finance costs but before tax was INR 18.510 million against INR 14.188 million for the same period in the last year. Net profit from ordinary activities after tax was INR 18.385 million against INR 14.072 million for the same period in the last year. Earnings per share were INR 0.07 against INR 0.05 for the same period in the last year.

For the nine months, on consolidated basis, the company reported net sales/income from operations of INR 2,739.109 million against INR 2,251.206 million for the same period in the last year. Profit from operations before other income and finance costs was INR 131.388 million against INR 129.068 million for the same period in the last year. Profit from ordinary activities after finance costs but before tax was INR 48.206 million against INR 27.513 million for the same period in the last year. Net profit from ordinary activities after tax was INR 47.996 million against INR 27.313 million for the same period in the last year. Earnings per share were INR 0.18 against INR 0.10 for the same period in the last year.