Madhusudan Securities Limited reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2016. For the quarter, the company's net sales/income from operations was INR 5.55 million compared to INR 11,643 a year ago. Loss from operations before other income, finance costs and exceptional items was INR 89,845 compared to INR 308,166 a year ago. Loss from ordinary activities before tax was INR 89,439 compared to INR 308,166 a year ago. Net loss was INR 89,439 compared to INR 308,166 a year ago. Basic and diluted loss per share before and after extraordinary items was INR 0.04 compared to INR 0.12 a year ago. For the nine months, the company's net sales/income from operations was INR 5.55 million compared to INR 3,562,198 a year ago. Loss from operations before other income, finance costs and exceptional items was INR 996,708 compared to INR 1,250,693 a year ago. Loss from ordinary activities before tax was INR 974,577 compared to INR 1,199,693 a year ago. Net loss was INR 974,577 compared to INR 1,199,693 a year ago. Basic and diluted loss per share before and after extraordinary items was INR 0.38 compared to INR 0.47 a year ago.