Cosboard Industries Limited reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2016. For the quarter, the company reported net sales/income from operations (net of excise duty) of INR 139.558 million compared to INR 175.232 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 21.762 million compared to INR 19.495 million a year ago. Profit from ordinary activities before tax was INR 2.228 million compared to INR 3.797 million a year ago. Net profit was INR 2.228 million compared to INR 3.797 million a year ago. Basic and diluted earnings per share before and after extraordinary items (not annualized) were INR 0.52 compared to INR 0.88 a year ago. For the nine months, the company reported net sales/income from operations (net of excise duty) of INR 496.083 million compared to INR 463.945 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 67.402 million compared to INR 44.403 million a year ago. Profit from ordinary activities before tax was INR 11.315 million compared to INR 11.892 million a year ago. Net profit was INR 11.315 million compared to INR 11.892 million a year ago. Basic and diluted earnings per share before and after extraordinary items (not annualized) were INR 2.64 compared to INR 2.77 a year ago.