Corporation Bank announced unaudited standalone earnings results for the third quarter and nine months ended December 31, 2016. For the quarter, the company reported net sales of INR 58,395.589 million compared with INR 51,585.225 million for the same period a year ago. Profit from ordinary activities before tax was INR 387,498.7 million compared with loss of INR 1,181,915.4 million for the same period a year ago. Net profit was INR 159,023.3 million or INR 1.39 per basic and diluted share before and after extraordinary items compared with net loss of INR 388,376.8 million or INR 3.90 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 168,312.930 million compared with INR 159,277.724 million for the same period a year ago. Profit from ordinary activities before tax was INR 729,825.1 million compared with loss of INR 696,020.5 million for the same period a year ago. Net profit was INR 401,225.6 million or INR 3.77 per basic and diluted share before and after extraordinary items compared with INR 4,488.9 million or INR 0.05 per basic and diluted share before and after extraordinary items for the same period a year ago.