Gujarat Hotels Ltd. reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2016. For the quarter, net sales/income from operations was INR 9.208 million against INR 9.506 million a year ago. Profit from operations before other income was INR 8.217 million against INR 8.358 million a year ago. Profit from ordinary activities before tax was INR 12.515 million against INR 12.272 million a year ago. Net profit was INR 8.486 million or INR 2.24 per basic and diluted share against INR 8.232 million or INR 2.17 per basic and diluted share a year ago.   For the nine months, net sales/income from operations was INR 23.732 million against INR 25.871 million a year ago. Profit from operations before other income was INR 20.745 million against INR 22.774 million a year ago. Profit from ordinary activities before tax was INR 35.620 million against INR 36.186 million a year ago. Net profit was INR 24.388 million or INR 6.44 per basic and diluted share against INR 23.787 million or INR 6.28 per basic and diluted share a year ago.