KSL and Industries Ltd. reported unaudited earnings results for the third quarter and nine months ended December 31, 2015. For the quarter, the company reported net sales of INR 295.745 million compared to INR 2,322.717 million a year ago. Income from operations before other income, interest and exceptional items was INR 78.464 million compared to loss from operations before other income, interest and exceptional items of INR 129.899 million a year ago. Loss from ordinary activities before tax was INR 289.817 million compared to INR 40.493 million a year ago. Net loss from ordinary activities after tax was INR 289.817 million compared to INR 40.493 million a year ago. Loss per share was INR 2.88 compared to INR 0.40 a year ago.

For the nine months period, the company reported net sales of INR 1,271.945 million compared to INR 6,998.236 million a year ago. Loss from operations before other income, interest and exceptional items was INR 259.573 million compared to profit from operations before other income, finance costs and exceptional items of INR 302.058 million a year ago. Net loss was INR 895.576 million compared to INR 203.955 million a year ago. Loss per share was INR 8.90 compared to INR 2.03 a year ago.