VIP Industries Limited reported unaudited standalone earnings results for the third quarter and nine months ended December 30, 2013. For the quarter, the company reported net sales/income from operations was INR 2,351 million against INR 2,039 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 148 million against INR 66 million a year ago. Profit from ordinary activities before tax was INR 150 million compared to INR 51 million for the same period a year ago. Net profit from ordinary activities after tax was INR 101 million or INR 0.7 basic and diluted earnings per share against INR 35 million or INR 0.2 basic and diluted earnings per share a year ago.

For nine months, the company reported net sales/income from operations was INR 7,419 million against INR 6,476 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 559 million against INR 405 million a year ago. Profit from ordinary activities before tax was INR 544 million compared to INR 348 million for the same period a year ago. Net profit from ordinary activities after tax was INR 374 million or INR 2.6 basic and diluted earnings per share against INR 251 million or INR 1.8 basic and diluted earnings per share a year ago.