Speedage Commercials Ltd. reported standalone unaudited earnings results for the third quarter and nine months ended December 31, 2015. For the quarter, the company reported total income was INR 0.851 million compared with INR 0.009 million for the same period last year. Profit from operation before other income, financial cost and exceptional items was INR 0.781 million compared with loss from operation before other income, financial cost and exceptional items INR 0.043 million for the same period last year. Profit from ordinary activities before tax was INR 0.781 million compared with loss from ordinary activities before tax INR 0.043 million for the same period last year. Net profit for the period was INR 0.781 million or INR 0.80 basic and diluted per share as compared with net loss for the period of INR 0.043 million or INR 0.0040 basic and diluted per share for the same period last year.
For the nine months, the company reported total income was INR 0.851 million compared with INR 0.846 million for the same period last year. Profit from operation before other income, financial cost and exceptional items was INR 0.495 million compared with INR 0.641 million for the same period last year. Profit from ordinary activities before tax was INR 0.495 million compared with INR 0.639 million for the same period last year. Net profit for the period was INR 0.495 million or INR 0.50 basic and diluted per share as compared with net profit for the period of INR 0.639 million or INR 0.65 basic and diluted per share for the same period last year.