Ortel Communications Limited reported unaudited standalone earnings results for the third quarter and nine ended December 31, 2016. For the quarter, the company reported net sales/income from operations was INR 511.549 million against INR 480.311 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 36.706 million against INR 82.503 million a year ago. Loss from ordinary activities before tax was INR 21.217 million against profit from ordinary activities before tax of INR 46.167 million a year ago. Net loss for the period was INR 27.791 million or INR 0.91 diluted per share against net loss of INR 38.925 million or INR 1.28 diluted per share a year ago. EBITDA stood at INR 118 million compared to INR 187 million. For the nine months, the company reported net sales/income from operations was INR 1,573.003 million against INR 1,344.146 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 195.952 million against INR 214.992 million a year ago. Profit from ordinary activities before tax was INR 23.487 million against INR 112.415 million a year ago. Net profit for the period was INR 6.230 million or INR 0.20 diluted per share against INR 91.666 million or INR 3.02 diluted per share a year ago. Capital expenditure on development of analog and digital services was INR 167.401 million. Capital expenditure on development of broadband services was INR 105.063 million. EBITDA stood at INR 428 million compared to INR 519 million. Net debt was INR 1,718 million as on Dec. 31, 2016 against INR 263 million as on Dec. 31, 2015.