Cosboard Industries Ltd. announced unaudited standalone earnings results for the second quarter and six months ended December 31, 2015. For the quarter, the company reported net sales (net of excise duty) of INR 175.232 million compared with INR 118.161 million for the same period a year ago. Profit from operation before other income, finance cost and exceptional items was INR 19.495 million compared with INR 8.444 million for the same period a year ago. Profit from ordinary activities before tax was INR 3.797 million compared with INR 0.776 million for the same period a year ago. Net profit was INR 3.797 million or INR 0.88 per basic and diluted share before and after extraordinary items compared with INR 0.776 million or INR 0.18 per basic and diluted share before and after extraordinary items for the same period a year ago.

For the six months, the company reported net sales (net of excise duty) of INR 463.945 million compared with INR 332.770 million for the same period a year ago. Profit from operation before other income, finance cost and exceptional items was INR 44.403 million compared with INR 26.488 million for the same period a year ago. Profit from ordinary activities before tax was INR 11.892 million compared with INR 8.000 million for the same period a year ago. Net profit was INR 11.892 million or INR 2.77 per basic and diluted share before and after extraordinary items compared with INR 8.000 million or INR 1.86 per basic and diluted share before and after extraordinary items for the same period a year ago.