KGN Enterprises Limited 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 1.98 million compared to INR 158.93 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 0.152 million compared to loss from operations before other income, finance costs and exceptional items of INR 2.43 million a year ago. Profit from ordinary activities before tax was INR 0.152 million compared to profit from ordinary activities before tax of INR 0.469 million a year ago. Net profit was INR 0.105 million compared to net profit of INR 0.47 million a year ago. Basic and diluted profit per share before and after extraordinary items was INR 0.005 compared to basic and diluted profit per share before and after extraordinary items of INR 0.002 a year ago.

For the nine months, the company reported net sales/income from operations of INR 5.66 million compared to INR 167.99 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 0.306 million compared to loss from operations before other income, finance costs and exceptional items of INR 2.21 million a year ago. Profit from ordinary activities before tax was INR 0.49 million compared to profit from ordinary activities before tax of INR 0.857 million a year ago. Net profit was INR 0.386 million compared to net profit of INR 0.784 million a year ago. Basic and diluted profit per share before and after extraordinary items was INR 0.002 compared to basic and diluted profit per share before and after extraordinary items of INR 0.038 a year ago.