Vardhman Special Steels Limited reported unaudited earnings results for the third quarter and nine months ended December 31, 2017. For the quarter, the company reported income from operations of INR 2,184.2 million compared with INR 1,921.4 million a year ago. Total income from operations was INR 2,194.0 million compared with INR 1,924.6 million a year ago. Profit before tax was INR 95.4 million compared with INR 37.0 million a year ago. Net profit after tax was INR 95.4 million or INR 2.97 per basic and diluted share compared with INR 37.0 million or INR 1.99 per basic and diluted share a year ago. For the nine months, the company reported income from operations of INR 6,465.3 million compared with INR 5,618.9 million a year ago. Total income was INR 6,503.4 million compared with INR 5,628.3 million a year ago. Profit before tax was INR 178.2 million compared INR 144.1 million a year ago. Net profit after tax was INR 178.2 million or INR 5.93 per basic and diluted share compared with INR 144.1 million or INR 7.77 per basic and diluted share a year ago.