GSL Nova Petrochemicals Limited announced unaudited standalone earnings results for the third quarter and nine months ended December 31, 2015. For the quarter, the company's net sales/income from operations was INR 16.3 million. Profit from operations before other income, finance costs and exceptional items was INR 10.1 million compared with loss of INR 10.1 million a year ago. Loss from ordinary activities before tax was INR 11.7 million compared with INR 35.8 million a year ago. Net loss was INR 11.7 million or INR 0.43 per basic and diluted share compared with net loss of INR 35.8 million or INR 1.32 per basic and diluted share a year ago.

For the nine months, the company's net sales/income from operations was INR 16.3 million compared with INR 13.8 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 5.99 million compared with loss of INR 33.9 million a year ago. Loss from ordinary activities before tax was INR 59.4 million compared with INR 102.5 million a year ago. Net loss was INR 59.4 million or INR 2.20 per basic and diluted share compared with net loss of INR 102.5 million or INR 3.80 per basic and diluted share a year ago.