Neyveli Lignite Corporation Limited reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2015. For the quarter, the company reported net sales/income from operations (net of excise duty) of INR 12,552.5 million against INR 14,926.5 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 487.4 million against INR 2,871.3 million a year ago. Profit from ordinary activities before tax was INR 1,308.0 million against INR 4,592.4 million a year ago. Net profit for the period was INR 476.1 million against INR 3,094.7 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 0.28 against INR 1.84 a year ago.


For the nine months, the company reported net sales/income from operations (net of excise duty) of INR 48,149.0 million against INR 44,055.9 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 9,620.5 million against INR 9,225.5 million a year ago. Profit from ordinary activities before tax was INR 12,057.1 million against INR 13,338.1 million a year ago. Net profit for the period was INR 7,579.1 million against INR 9,028.7 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 4.52 against INR 5.38 a year ago.