Asahi Songwon Colors Ltd. announced unaudited earnings results for the third quarter and nine months ended December 31, 2013. For the quarter, the company reported net sales/income from operations (net of excise duty) of INR 797.322 million against INR 608.114 million a year ago. Total income from operations (net) was INR 798.917 million against INR 609.665 million a year ago. Profit from operations before other income, finance costs & exceptional items was INR 80.759 million against INR 39.055 million a year ago. Profit from ordinary activities before tax was INR 66.146 million against INR 25.851 million a year ago. Net profit from ordinary activities after tax was INR 42.545 million or INR 3.47 per basic and diluted per share before and after extraordinary items against INR 20.022 million or INR 1.63 per basic and diluted per share before and after extraordinary items a year ago.

For the nine months, the company reported net sales/income from operations (net of excise duty) of INR 2,198.359 million against INR 1,817.054 million a year ago. Total income from operations (net) was INR 2,203.407 million against INR 1,820.417 million a year ago. Profit from operations before other income, finance costs & exceptional items was INR 232.591 million against INR 175.209 million a year ago. Profit from ordinary activities before tax was INR 185.439 million against INR 136.956 million a year ago. Net profit from ordinary activities after tax was INR 121.658 million or INR 9.91 per basic and diluted per share before and after extraordinary items against INR 96.657 million or INR 7.88 per basic and diluted per share before and after extraordinary items a year ago.