Gupta Synthetics Ltd. reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2015. For the quarter, the company reported net sales/income from operations of INR 187.961 million against INR 360.438 million a year ago. Loss from operations before other income, interest and exceptional items was INR 2.895 million against INR 45.225 million a year ago. Loss from ordinary activities before tax was INR 2.950 million against INR 90.908 million a year ago. Net loss for the period was INR 2.950 million or INR 29.50 per basic and diluted share against INR 90.908 million or INR 12.36 per basic and diluted share a year ago.

For the nine months, the company reported net sales/income from operations of INR 627.384 million against INR 702.019 million a year ago. Loss from operations before other income, interest and exceptional items was INR 36.895 million against INR 170.788 million a year ago. Loss from ordinary activities before tax was INR 36.692 million against INR 307.713 million a year ago. Net loss for the period was INR 36.692 million or INR 4.59 per basic and diluted share against INR 307.713 million or INR 41.85 per basic and diluted share a year ago.