McLeod Russel India Limited announced unaudited standalone earnings results for the third quarter and nine months ended December 31, 2015. For the quarter, the company reported total income from operations of INR 5,102.8 million against INR 4,810.8 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 634.1 million against INR 899.0 million a year ago. Profit from ordinary activities before tax was INR 569.8 million against INR 804.3 million a year ago. Net profit for the period was INR 569.8 million against INR 804.3 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 5.21 against INR 7.35 a year ago. Operating profit before depreciation was INR 787.9 million against INR 1,069.2 million a year ago. The decrease in operating profit is mainly attributable to marginal loss of own crop and increase in employee benefits expenses by INR 270 million as compared to same period last year.

For the nine months, the company reported income from operations of INR 11,894.7 million against INR 10,770.3 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 2,643.3 million against INR 2,798.6 million a year ago. Profit from ordinary activities before tax was INR 2,502.4 million against INR 2,699.3 million a year ago. Net profit for the period was INR 2,502.4 million against INR 2,699.3 million a year ago. Basic and diluted earnings per share were INR 22.86 against INR 24.66 a year ago. Operating profit before depreciation was INR 3,097.2 million against INR 3,284.4 million a year ago.