Sree Rayalaseema Alkalies & Allied Chemicals Ltd. Reports Unaudited Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2016
January 27, 2017 at 07:01 am EST
Sree Rayalaseema Alkalies & Allied Chemicals Ltd. reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2016. For the quarter, the company's net sales/income from operations was INR 2,132.1 million compared to INR 1,972.4 million a year ago. Profit from operations before other income, interest and exceptional items was INR 203.6 million compared to INR 178.8 million a year ago. Profit from ordinary activities before tax was INR 72.9 million compared to INR 80.1 million a year ago. Net profit was INR 39.6 million compared to INR 67.4 million a year ago. Diluted earnings per share before and after extraordinary items was INR 0.48 compared to INR 0.855 a year ago.
For the nine months, the company's net sales/income from operations was INR 6,358.6 million compared to INR 5,530.2 million a year ago. Profit from operations before other income, interest and exceptional items was INR 646.6 million compared to INR 547.3 million a year ago. Profit from ordinary activities before tax was INR 261.0 million compared to INR 279.0 million a year ago. Net profit was INR 135.0 million compared to INR 221.9 million a year ago. Diluted earnings per share before and after extraordinary items was INR 1.63 compared to INR 2.814 a year ago.