Sita Shree Food Products Ltd. announced unaudited standalone earnings results for the third quarter and nine months ended December 31, 2015. For the quarter, the company reported net sales of INR 2,014.412 million compared with INR 1,570.978 million for the same period a year ago. Profit from operation before other income, finance cost and exceptional items was INR 55.694 million compared with INR 68.903 million for the same period a year ago. Profit from ordinary activities before tax was INR 11.097 million compared with INR 22.508 million for the same period a year ago. Net profit was INR 8.878 million or INR 0.32 per basic and diluted share before and after extraordinary items compared with INR 17.973 million or INR 0.65 per basic and diluted share before and after extraordinary items for the same period a year ago.

For the nine months, the company reported net sales of INR 4,945.153 million compared with INR 3,953.775 million for the same period a year ago. Profit from operation before other income, finance cost and exceptional items was INR 174.240 million compared with INR 170.606 million for the same period a year ago. Profit from ordinary activities before tax was INR 36.505 million compared with INR 45.398 million for the same period a year ago. Net profit was INR 29.202 million or INR 1.05 per basic and diluted share before and after extraordinary items compared with INR 36.747 million or INR 1.32 per basic and diluted share before and after extraordinary items for the same period a year ago.