Bharati Shipyard Limited announced unaudited standalone earnings results for the third quarter and nine months ended December 31, 2015. For the quarter, the company reported total income from operations of INR 39.687 million against INR 29.817 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 452.457 million against INR 339.933 million a year ago. Loss from ordinary activities before tax was INR 11,955.364 million against INR 988.518 million a year ago. Net loss for the period after tax was INR 9,109.447 million or INR 181.11 basic and diluted per share before and after extraordinary items against INR 988.518 million or INR 19.65 basic and diluted per share before and after extraordinary items a year ago.

For the nine months, the company reported total income from operations of INR 206.132 million against INR 265.972 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 1,374.857 million against INR 1,042.405 million a year ago. Loss from ordinary activities before tax was INR 15,232.546 million against INR 3,242.83 million a year ago. Net loss for the period after tax was INR 12,008.348 million or INR 238.74 basic and diluted per share before and after extraordinary items against INR 3,242.837 million or INR 64.47 basic and diluted per share before and after extraordinary items a year ago.