Oricon Enterprises Limited announced unaudited standalone and consolidated financial results for the third quarter and nine months ended December 31, 2014. For the quarter, the company reported on standalone basis sales of products (net of excise) of INR 166.278 million against INR 168.906 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 10.672 million against INR 6.887 million a year ago. Profit from ordinary activities before tax was INR 11.045 million against INR 36.806 million a year ago. Net profit for the period was INR 6.973 million or INR 0.04 per diluted share against INR 31.444 million or INR 0.20 per share a year ago.

For the nine months, the company reported on standalone basis sales of products (net of excise) of INR 478.974 million against INR 580.301 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 36.947 million against INR 6.303 million a year ago. Profit from ordinary activities before tax was INR 69.582 million against INR 101.041 million a year ago. Net profit for the period was INR 57.737 million or INR 0.47 per diluted share against INR 76.398 million or INR 0.49 per share a year ago.

For the quarter, the company reported on consolidated basis sales of products (net of excise) of INR 1,291.394 million against INR 1,024.076 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 153.528 million against INR 63.067 million a year ago. Profit from ordinary activities before tax was INR 223.097 million against INR 93.011 million a year ago. Net profit for the period was INR 148.762 million or INR 0.69 per diluted share against INR 53.303 million or INR 0.14 per share a year ago.

For the nine months, the company reported on consolidated basis sales of products (net of excise) of INR 3,783.043 million against INR 3,096.431 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 477.788 million against INR 402.745 million a year ago. Profit from ordinary activities before tax was INR 615.728 million against INR 492.140 million a year ago. Net profit for the period was INR 404.884 million or INR 1.92 per diluted share against INR 305.688 million or INR 1.92 per share a year ago.