Nelco Limited announced unaudited consolidated and standalone earnings results for the quarter and fifteen months ended December 31, 2015. For the quarter, on consolidated basis, the company's net sales/income from operations was INR 340.2 million compared with INR 333.8 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 19.4 million compared with loss of INR 32.2 million a year ago. Profit from ordinary activities before tax was INR 4.5 million compared with loss of INR 53.4 million a year ago. Profit from ordinary activities after tax was INR 4.5 million or INR 0.48 per basic and diluted share compared with loss of INR 58.1 million or INR 2.07 per basic and diluted share a year ago.

For the fifteen months, on consolidated basis, the company reported net sales/income from operations of INR 1,708.1 million, profit from operations before other income, finance costs and exceptional items of INR 9.3 million, loss from ordinary activities before tax of INR 76.4 million, loss from ordinary activities after tax of INR 81.1 million or INR 2.41 per basic and diluted share.

For the quarter, on standalone basis, the company's net sales/income from operations was INR 217.4 million compared with INR 251.6 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 9.9 million compared with loss of INR 21.3 million a year ago. Profit from ordinary activities before tax was INR 0.5 million compared with loss of INR 36.4 million a year ago. Profit from ordinary activities after tax was INR 0.5 million or INR 0.36 per basic and diluted share compared with loss of INR 41.1 million or INR 1.35 per basic and diluted share a year ago.

For the fifteen months, on standalone basis, the company reported net sales/income from operations of INR 1,175.2 million, profit from operations before other income, finance costs and exceptional items of INR 5.1 million, loss from ordinary activities before tax of INR 49.1 million, loss from ordinary activities after tax of INR 53.8 million or INR 1.24 per basic and diluted share.