Hi-Tech Gears Limited reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2016. For the quarter, the company reported total income from operations (net) of INR 941.914 million compared to INR 1,095.988 million a year ago. Profit from operations before other income, finance costs & exceptional items was INR 40.650 million compared to INR 84.896 million a year ago. Profit from ordinary activities before tax was INR 47.523 million compared to INR 88.035 million a year ago. Net profit was INR 32.872 million or INR 1.75 per basic and diluted share, compared to INR 57.029 million or INR 3.04 per basic and diluted share, a year ago. For the nine months, the company reported total income from operations (net) of INR 3,366.625 million compared to INR 3,359.534 million a year ago. Profit from operations before other income, finance costs & exceptional items was INR 224.443 million compared to INR 268.639 million a year ago. Profit from ordinary activities before tax was INR 235.670 million compared to INR 271.521 million a year ago. Net profit was INR 155.535 million or INR 8.29 per basic and diluted share, compared to INR 177.034 million or INR 9.43 per basic and diluted share, a year ago.