Neo Corp. International Ltd. announced unaudited standalone and consolidated earnings results for the first quarter ended June 30, 2014. For the quarter, on standalone basis, the company reported net sales/income from operations of INR 1,444.6 million against INR 1,176.0 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 149.7 million against INR 143.4 million a year ago. Profit from ordinary activities before tax was INR 90.3 million against INR 79.9 million a year ago. Net profit after tax was INR 64.2 million or INR 1.69 per basic and diluted share against net profit after tax of INR 59.6 million or INR 1.57 per basic and diluted share a year ago.

For the quarter, on consolidated basis, the company reported net sales/income from operations of INR 2,613.5 million against INR 1,696.9 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 239.6 million against INR 181.5 million a year ago. Profit from ordinary activities before tax was INR 150.2 million against INR 101.6 million a year ago. Net profit after tax was INR 105.7 million or INR 2.78 per basic and diluted share against net profit after tax of INR 75.4 million or INR 1.98 per basic and diluted share a year ago.