Tata Metaliks Limited announced audited standalone and unaudited consolidated earnings results for the third quarter and nine months ended December 31, 2015. For the quarter, on standalone basis, the company reported net sales/income from operations (net of excise duty) of INR 2,296.1 million compared to INR 2,475.8 million for the same period a year ago. Profit from operations before other income, finance cost and exceptional items was INR 221.6 million compared to INR 290.0 million for the same period a year ago. Profit from ordinary activities before tax was INR 148.1 million compared to INR 207.1 million for the same period a year ago. Net profit was INR 116.5 million or INR 4.61 per basic and diluted share before and after extraordinary items compared to INR 164.1 million or INR 6.49 per basic and diluted share before and after extraordinary items for the same period a year ago.

For the nine months, on standalone basis, the company reported net sales/income from operations (net of excise duty) of INR 6,979.3 million compared to INR 8,303.3 million for the same period a year ago. Profit from operations before other income, finance cost and exceptional items was INR 668.4 million compared to INR 1,169.5 million for the same period a year ago. Profit from ordinary activities before tax was INR 322.9 million compared to INR 915.8 million for the same period a year ago. Net profit was INR 248.7 million or INR 9.84 per basic and diluted share before and after extraordinary items compared to INR 731.5 million or INR 28.93 per basic and diluted share before and after extraordinary items for the same period a year ago.

For the quarter, on consolidated basis, the company reported net sales/income from operations (net of excise duty) of INR 2,918.6 million compared to INR 3,196.6 million for the same period a year ago. Profit from operations before other income, finance cost and exceptional items was INR 364.1 million compared to INR 311.6 million for the same period a year ago. Profit from ordinary activities before tax was INR 303.2 million compared to INR 236.4 million for the same period a year ago. Net profit after tax and minority interest was INR 260.4 million or INR 10.29 per basic and diluted share before and after extraordinary items compared to INR 193.4 million or INR 7.65 per basic and diluted share before and after extraordinary items for the same period a year ago.

For the nine months, on consolidated basis, the company reported net sales/income from operations (net of excise duty) of INR 9,348.4 million compared to INR 10,249.7 million for the same period a year ago. Profit from operations before other income, finance cost and exceptional items was INR 1,162.3 million compared to INR 1,287.5 million for the same period a year ago. Profit from ordinary activities before tax was INR 883.6 million compared to INR 991.3 million for the same period a year ago. Net profit after tax and minority interest was INR 741.7 million or INR 29.32 per basic and diluted share before and after extraordinary items compared to INR 807.0 million or INR 31.91 per basic and diluted share before and after extraordinary items for the same period a year ago.