Gujarat Foils Ltd. announced unaudited standalone earnings results for the third quarter and nine months ended December 31, 2015. For the quarter, the company reported net sales/income from operations (excluding branch transfer) (net of excise duty) of INR 935.738 million against INR 1,391.368 million a year ago. Total income from operations (net) was INR 936.397 million against INR 1,392.648 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 77.448 million against INR 123.611 million a year ago. Profit from ordinary activities before tax was INR 15.544 million against INR 38.953 million a year ago. Net profit from ordinary activities after tax was INR 10.166 million against INR 31.167 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 1.24 against INR 3.80 a year ago.

For the nine months, the company reported net sales/income from operations (excluding branch transfer) (net of excise duty) of INR 3,394.900 million against INR 3,427.910 million a year ago. Total income from operations (net) was INR 3,402.276 million against INR 3,429.156 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 268.438 million against INR 357.247 million a year ago. Profit from ordinary activities before tax was INR 65.277 million against INR 109.933 million a year ago. Net profit from ordinary activities after tax was INR 42.691 million against INR 87.946 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 5.21 against INR 10.72 a year ago.