K-Lifestyle & Industries 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 202.724 million against INR 953.421 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 63.813 million against INR 760.099 million a year ago. Loss from ordinary activities before tax was INR 151.634 million against INR 8854.54 million a year ago. Net loss for the period was INR 151.634 million or INR 0.815 4 per basic and diluted share before and after extraordinary items against INR 854.54 million or INR 0.84 per basic and diluted share before and after extraordinary items a year ago.

For the nine months, the company reported net sales/income from operations of INR 857.044 million against INR 6,039.592 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 240.072 million against INR 1,569.619 million a year ago. Loss from ordinary activities before tax was INR 499.929 million against INR 1,840.677 million a year ago. Net loss for the period was INR 499.929 million or INR 0.49 per basic and diluted share before and after extraordinary items against INR 1,840.677 million or INR 1.81 per basic and diluted share before and after extraordinary items a year ago.