Indiabulls Wholesale Services Ltd. reported unaudited standalone and consolidated earnings results for the third quarter and nine months ended December 31, 2015. For the quarter, on a consolidated basis, the company reported net sales/income from operations of INR 897.790 million compared to INR 486.135 million a year ago. Profit from operations, before other income, finance costs and exceptional items was INR 161.353 million compared to INR 55.108 million a year ago. Profit from ordinary activities before tax was INR 90.559 million compared to INR 39.161 million a year ago. Net profit for the period was INR 87.960 compared to INR 40.448 million a year ago. Basic and diluted earnings per share before and after extraordinary items (not annualized) were INR 1.734 compared to INR 0.798 a year ago.

For the nine months, on a consolidated basis, the company reported net sales/income from operations of INR 1,842.949 million compared to INR 1,566.686 million a year ago. Profit from operations, before other income, finance costs and exceptional items was INR 128.500 million compared to INR 217.613 million a year ago. Loss from ordinary activities before tax was INR 229.443 million compared to profit from ordinary activities before tax of INR 190.626 million a year ago. Net loss for the period was INR 219.826 compared to profit of INR 154.611 million a year ago. Basic and diluted loss per share before and after extraordinary items (not annualized) was INR 4.327 compared to basic and diluted profit per share before and after extraordinary items (not annualized) of INR 2.990 a year ago.

For the quarter, on a standalone basis, the company reported net sales/income from operations of INR 18.895 million compared to INR 101.232 million a year ago. Loss from operations, before other income, finance costs and exceptional items was INR 7.534 million compared to INR 4.960 million a year ago. Profit from ordinary activities before tax was INR 5.182 million compared to INR 0.531 million a year ago. Net profit for the period was INR 3.836 compared to INR 0.169 million a year ago. Basic and diluted earnings per share before and after extraordinary items (not annualized) was INR 0.076 compared to INR 0.003 a year ago.

For the nine months, on a standalone basis, the company reported net sales/income from operations of INR 115.886 million compared to INR 266.670 million a year ago. Loss from operations, before other income, finance costs and exceptional items was INR 26.339 million compared to profit from operations, before other income, finance costs and exceptional items of INR 20.675 million a year ago. Loss from ordinary activities before tax was INR 0.096 million compared to profit from ordinary activities before tax of INR 172.416 million a year ago. Net profit for the period was INR 4.242 compared to INR 131.699 million a year ago. Basic and diluted earnings per share before and after extraordinary items (not annualized) was INR 0.091 compared to INR 2.570 a year ago.