Vaibhav Global Limited announced unaudited standalone and consolidated earnings results for the third quarter and nine months ended December 31, 2015. For the quarter, on standalone basis, the company reported total income from operations of INR 990.072 million compared to INR 1,330.726 million for the same period a year ago. Profit from operations before other income, finance cost and exceptional items was INR 89.029 million compared to INR 134.491 million for the same period a year ago. Profit from ordinary activities before tax was INR 78.731 million compared to INR 128.416 million for the same period a year ago. Net profit from ordinary activities after tax was INR 48.377 million or INR 1.49 per diluted share after exceptional items compared to INR 105.097 million or INR 3.23 per diluted share after exceptional items for the same period a year ago.

For the nine months, on standalone basis, the company reported total income from operations of INR 2,666.784 million compared to INR 3,244.717 million for the same period a year ago. Profit from operations before other income, finance cost and exceptional items was INR 271.806 million compared to INR 375.669 million for the same period a year ago. Profit from ordinary activities before tax was INR 264.64 million compared to INR 354.946 million for the same period a year ago. Net profit from ordinary activities after tax was INR 168.532 million or INR 5.20 per diluted share after exceptional items compared to INR 282.828 million or INR 8.70 per diluted share after exceptional items for the same period a year ago.

For the quarter, on consolidated basis, the company reported total income from operations of INR 3,561.840 million compared to INR 3,968.405 million for the same period a year ago. Profit from operations before other income, finance cost and exceptional items was INR 159.454 million compared to INR 428.236 million for the same period a year ago. Profit from ordinary activities before tax was INR 148.386 million compared to INR 421.137 million for the same period a year ago. Net profit from ordinary activities after tax was INR 116.196 million or INR 3.58 per basic and diluted share after exceptional items compared to INR 388.317 million or INR 11.95 per diluted share after exceptional items for the same period a year ago.

For the nine months, on consolidated basis, the company reported total income from operations of INR 9,384.473 million compared to INR 10,268.830 million for the same period a year ago. Profit from operations before other income, finance cost and exceptional items was INR 400.561 million compared to INR 1,051.556 million for the same period a year ago. Profit from ordinary activities before tax was INR 393.702 million compared to INR 1,028.06 million for the same period a year ago. Net profit from ordinary activities after tax was INR 310.372 million or INR 9.57 per diluted share after exceptional items compared to INR 855.881 million or INR 26.34 per diluted share after exceptional items for the same period a year ago. Net cash used in operating activities was INR 419,884,196. Purchase of fixed assets was INR 408,040,506.