Asahi India Glass Ltd. reported unaudited consolidated and standalone earnings results for the third quarter and nine months ended December 31, 2016. For the quarter, on standalone basis, the company reported net sales at INR 6,283.9 million against INR 5,740.0 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 747.3 million against INR 757.6 million a year ago. Profit from ordinary activities before tax was INR 404.4 million against INR 390.4 million a year ago. Net profit for the period was INR 258.7 million or INR 1.06 per share against INR 255.3 million or INR 1.05 per share a year ago.
For the nine months, on standalone basis, the company reported net sales of INR 18,952.0 million against INR 17,220.2 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 2,465.5 million against INR 2,148.9 million a year ago. Profit from ordinary activities before tax was INR 1,445.6 million against INR 1,067.5 million a year ago. Net profit for the period was INR 891.8 million or INR 3.67 per share against INR 698.1 million or INR 2.87 per share a year ago.
For the quarter, on consolidated basis, the company reported net sales of INR 6,283.9 million against INR 5,740.0 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 1,032.5 million against INR 1,049.4 million a year ago. Profit from ordinary activities before tax was INR 355.5 million against INR 347.7 million a year ago. Net profit for the period was INR 209.3 million or INR 0.92 per share against INR 212.6 million or INR 0.91 per share a year ago.
For the nine months, on consolidated basis, the company reported net sales of INR 19,230.8 million against INR 17,543.5 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 3,312.2 million against INR 3,206.9 million a year ago. Profit from ordinary activities before tax was INR 1,316.7 million against INR 962.6 million a year ago. Net profit for the period was INR 762.9 million or INR 3.32 per share against INR 593.2 million or INR 2.60 per share a year ago.