Lakshmi Precision Screws Limited reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2015. For the quarter, net sales/income from operation was INR 741.211 million against INR 917.311 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 42.143 million against profit from operations before other income, finance costs and exceptional items of INR 99.536 million a year ago. Loss from ordinary activities before tax was INR 118.395 million against profit from ordinary activities before tax of INR 13.436 million a year ago. Net loss was INR 118.395 million or INR 10.82 per basic and diluted share before and after extraordinary items (not annualized) against net profit of INR 16.936 million or INR 1.55 per basic and diluted share before and after extraordinary items (not annualized) a year ago.

For the nine months, net sales/income from operation was INR 2,467.481 million against INR 2,696.120 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 142.617 million against INR 307.235 million a year ago. Loss from ordinary activities before tax was INR 116.501 million against profit from ordinary activities before tax of INR 42.796 million a year ago. Net loss was INR 116.501 million or INR 10.65 per basic and diluted share before and after extraordinary items (not annualized) against net profit of INR 42.788 million or INR 3.91 per basic and diluted share before and after extraordinary items (not annualized) a year ago.