Bharat Seats Ltd. announced unaudited standalone earnings results for the third quarter and nine months ended December 31, 2015. For the quarter, the company reported net sales of INR 1,723.122 million compared with INR 1,770.905 million for the same period a year ago. Profit from operation before other income, finance cost and exceptional items was INR 26.509 million compared with INR 42.770 million for the same period a year ago. Profit from ordinary activities before tax was INR 13.384 million compared with INR 29.276 million for the same period a year ago. Net profit was INR 11.786 million or INR 0.38 per basic and diluted share compared with INR 20.929 million or INR 0.67 per basic and diluted share for the same period a year ago.

For the nine months, the company reported net sales of INR 5,244.667 million compared with INR 5,027.785 million for the same period a year ago. Profit from operation before other income, finance cost and exceptional items was INR 100.274 million compared with INR 122.952 million for the same period a year ago. Profit from ordinary activities before tax was INR 60.803 million compared with INR 79.891 million for the same period a year ago. Net profit was INR 42.888 million or INR 1.37 per basic and diluted share compared with INR 56.374 million or INR 1.80 per basic and diluted share for the same period a year ago.