Upsurge Investment and Finance Limited announced unaudited standalone earnings results for the third quarter and nine months ended December 31, 2014. For the quarter, the company reported net sales/income from operations of INR 73.289 million compared to INR 27.488 million a year ago. Total income from operations was INR 73.216 million compared to INR 27.808 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 6.718 million compared to INR 6.564 million a year ago. Profit from ordinary activities before tax was INR 6.718 million compared to INR 6.564 million a year ago. Net loss for the period was INR 5.462 million compared to INR 5.800 million a year ago. Basic and diluted LPS before and after extraordinary items was INR 0.36 compared to basic and diluted EPS before and after extraordinary items of INR 0.38 a year ago.

For the nine months, the company reported net sales/income from operations of INR 260.233 million compared to INR 68.518 million a year ago. Total income from operations was INR 259.774 million compared to INR 69.416 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 14.249 million compared to INR 5.618 million a year ago. Profit from ordinary activities before tax was INR 14.249 million compared to INR 5.618 million a year ago. Net profit for the period was INR 11.864 million compared to INR 4.854 million a year ago. Basic and diluted EPS before and after extraordinary items was INR 0.78 compared to INR 0.32 a year ago.