Ledo Tea Company Ltd. reported 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 32.929 million against INR 20.043 million a year ago. Profit from operations before other income, finance cost and exceptional item was INR 1.4 million against loss from operations before other income, finance cost and exceptional item of INR 2.270 million a year ago. Profit from ordinary activities before tax was INR 0.428 million against loss from ordinary activities before tax of INR 2.374 million a year ago. Net profit was INR 0.428 million against net loss of INR 2.374 million a year ago. Basic and diluted earnings per share before and after extraordinary items (normal value INR 10 each) were INR 0.50 against loss of INR 2.75 a year ago.

For the nine months, the company reported net sales of INR 73.317 million against INR 62.552 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 7.169 million against INR 1.504 million a year ago. Profit from ordinary activities before tax was INR 4.133 million against INR 0.626 million a year ago. Net profit of was INR 4.133 million against INR 0.626 million a year ago. Basic and diluted earnings per share (normal value INR 10 each) were INR 4.79 against INR 0.72 a year ago.