Vardhman Special Steels Limited reported unaudited standalone earnings results for the second quarter and six months ended September 30, 2016. For the quarter, the company reported total income from operations (net) of INR 1,917 million compared to INR 1,863.3 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 123.6 million compared to INR 47.0 million a year ago. Profit before tax was INR 64.0 million compared to INR 3.9 million a year ago. Net profit was INR 64.0 million or INR 3.45 per basic and diluted share compared to INR 3.9 million or INR 0.21 per basic and diluted share a year ago. For the six months period, the company reported total income from operations (net) of INR 3,703.7 million compared to INR 3,695.1 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 228.9 million compared to INR 63.9 million a year ago. Profit before tax was INR 107.2 million compared to loss before tax of INR 34.1 million a year ago. Net profit was INR 107.2 million or INR 5.78 per basic and diluted share compared to net loss of INR 34.1 million or INR 1.84 per basic and diluted share a year ago.