Indowind Energy Limited announced unaudited standalone and consolidated earnings results for the second quarter and half year ended September 30, 2015. For the quarter, on standalone basis, the company reported profit from operations before other income, finance costs and exceptional items of INR 20.176 million compared to INR 15.103 million reported a year ago. Net profit was INR 5.501 million or INR 0.05 per basic and diluted share before and after extraordinary items compared to INR 1.288 million or INR 0.01 per basic and diluted share before and after extraordinary items reported a year ago. Net sales were INR 84.331 million compared to INR 85.286 million reported a year ago. Profit from ordinary activities before tax was INR 5.501 million against INR 1.288 million a year ago.

For the half year, on standalone basis, the company reported profit from operations before other income, finance costs and exceptional items of INR 28.323 million compared to INR 32.413 million reported a year ago. Net profit was INR 5.613 million or INR 0.06 per basic and diluted share before and after extraordinary items compared to INR 4.572 million or INR 0.05 per basic and diluted share after extraordinary items reported a year ago. Net sales were INR 160.945 million compared to INR 182.559 million reported a year ago. Profit from ordinary activities before tax was INR 5.613 million against INR 4.572 million a year ago.

For the quarter, on consolidated basis, the company reported profit from operations before other income, finance costs and exceptional items of INR 20.194 million compared to INR 15.299 million reported a year ago. Net profit was INR 5.519 million or INR 0.06 per basic and diluted share before and after extraordinary items compared to INR 1.484 million or INR 0.02 per basic and diluted share before extraordinary items reported a year ago. Net sales were INR 95.602 million compared to INR 98.310 million reported a year ago. Profit from ordinary activities before tax was INR 5.519 million against INR 1.484 million a year ago.

For the half year, on consolidated basis, the company reported profit from operations before other income, finance costs and exceptional items of INR 28.356 million compared to INR 32.778 million reported a year ago. Net profit was INR 5.646 million or INR 0.06 per basic and diluted share before and after extraordinary items compared to INR 4.937 million or INR 0.06 per basic and diluted share after extraordinary items reported a year ago. Net sales were INR 150.481 million compared to INR 180.307 million reported a year ago. Profit from ordinary activities before tax was INR 5.646 million against INR 4.937 million a year ago.