Premier Pipes Ltd. reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2014. For the quarter, the company reported net sales/income from operation (net of excise duty) of INR 86.865 million against INR 70.672 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 1.891 million against INR 2.574 million a year ago. Profit from ordinary activities before tax was INR 1.015 million against INR 0.952 million a year ago. Net profit for the period was INR 0.701 million against INR 0.658 million a year ago. Earnings per share were INR 0.20 against INR 0.19 a year ago.

For the nine months, the company reported net sales/income from operation (net of excise duty) of INR 261.891 million against INR 132.483 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 9.163 million against INR 5.064 million a year ago. Profit from ordinary activities before tax was INR 3.536 million against INR 2.005 million a year ago. Net profit for the period was INR 2.443 million against INR 1.386 million a year ago. Earnings per share were INR 0.69 against INR 0.39 a year ago.