VIP Industries Limited 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 operations was INR 2,521 million against INR 2,350 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 59 million against INR 148 million a year ago. Profit from ordinary activities before tax was INR 120 million compared to INR 150 million for the same period a year ago. Net profit from ordinary activities after tax was INR 850 million or INR 0.6 basic and diluted earnings per share against INR 101 million or INR 0.7 basic and diluted earnings per share a year ago.

For the nine months, the company reported net sales/income from operations was INR 7,980 million against INR 7,418 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 508 million against INR 542 million a year ago. Profit from ordinary activities before tax was INR 563 million compared to INR 544 million for the same period a year ago. Net profit from ordinary activities after tax was INR 391 million or INR 2.8 basic and diluted earnings per share against INR 374 million or INR 2.6 basic and diluted earnings per share a year ago.