Shantai Industries Limited announced unaudited standalone earnings results for the third quarter and nine months ended December 31, 2016. For the quarter, on a standalone basis, the company reported net sales/income from operations of INR 214.672 million compared to INR 20.280 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 2.360 million compared to INR 0.078 million a year ago. Profit from ordinary activities before tax INR 2.379 million compared to INR 0.078 million a year ago. Net profit was INR 1.594 million compared to INR 0.078 million a year ago. Basic and diluted EPS before extraordinary items was INR 3.19 compared to INR 0.16 a year ago. For the nine months, the company reported net sales/income from operations of INR 637.818 million compared to INR 0.203 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 7.341 million compared to loss from operations before other income, finance costs and exceptional items INR 0.178 million a year ago. Profit from ordinary activities before tax was INR 7.304 million compared to loss from ordinary activities before tax of INR 0.178 million a year ago. Net profit was INR 4.894 million compared to net loss of INR 0.178 million a year ago. Basic and diluted EPS before extraordinary items was INR 9.79 compared to basic and diluted LPS INR 0.36 a year ago.