Mangalore Chemicals & Fertilizers 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 operation of INR 5,665.444 million against INR 28,446.625 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 149.727 million against loss from operations before other income, finance costs and exceptional items of INR 301.560 million a year ago. Loss before tax was INR 72.251 million against INR 543.892 million a year ago. Net loss for the period was INR 33.122 million against INR 293.226 million a year ago. Basic and diluted loss per share before and after extraordinary items were INR 0.28 against INR 2.47 a year ago.

For the nine months, the company reported net sales of INR 22,497.474 million against INR 19,121.844 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 225.076 million against INR 604.751 million a year ago. Loss before tax was INR 2,473.897 million against INR 242.901 million a year ago. Net loss for the period was INR 2,343.320 million against net profit of INR 34.806 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 19.77 against INR 0.29 a year ago.