Gallantt Ispat Limited announced unaudited standalone earnings results for the third quarter and nine months ended December 31, 2016. For the quarter, the company reported net sales/income from operations of INR 1,144.989 million compared to INR 1,427.438 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 110.213 million compared to INR 101.179 million a year ago. Profit from ordinary activities before tax was INR 96.710 million compared to INR 87.104 million a year ago. Net profit for the period was INR 93.085 million or INR 3.30 per diluted share before and after extraordinary items compared to INR 81.698 million or INR 2.89 per diluted share before and after extraordinary items a year ago. For the nine months, the company reported net sales/income from operations of INR 3,244.490 million compared to INR 3,889.935 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 303.472 million compared to INR 308.092 million a year ago. Profit from ordinary activities before tax was INR 381.289 million compared to INR 260.648 million a year ago. Net profit for the period was INR 370.289 million or INR 13.11 per diluted share before and after extraordinary items compared to INR 244.784 million or INR 8.67 per diluted share before and after extraordinary items a year ago.