Nishtha Finance and Investment (India) Ltd. announced 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 2.212 million against INR 0.301 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 1.107 million against profit from operations before other income, finance costs and exceptional items of INR 1.760 million a year ago. Loss from ordinary activities before tax was INR 1.120 million against profit from ordinary activities before tax of INR 1.760 million a year ago. Net loss was INR 1.120 million or INR 0.15 per basic and diluted share before and after extraordinary items against profit of INR 1.760 million or INR 0.23 per basic and diluted share before and after extraordinary items a year ago.

For the nine months, net sales/income from operation was INR 6.239 million against INR 28.056 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 0.463 million against INR 4.209 million a year ago. Profit from ordinary activities before tax was INR 0.444 million against INR 4.209 million a year ago. Net profit was INR 0.444 million or INR 0.06 per basic and diluted share before and after extraordinary items against INR 4.209 million or INR 0.55 per basic and diluted share before and after extraordinary items a year ago.