Premier Pipes Ltd. reported standalone unaudited earnings results for third quarter and nine months ended December 31, 2015. For the quarter, the company reported net sales/income from operations of INR 73.482 million, total income from operations of INR 73.482 million, loss from operations before other income, finance costs and exceptional item of INR 3.505 million, loss from ordinary activities before tax of INR 0.972 million, net loss of INR 0.672 million or INR 0.07 per basic and diluted share after extraordinary items compared to the net sales/income from operations of INR 86.865 million, total income from operations of INR 86.865 million, loss from operations before other income, finance costs and exceptional item of INR 1.891 million, loss from ordinary activities before tax of INR 1.015 million, net loss of INR 0.701 million or INR 0.2 per basic and diluted share after extraordinary items for the same quarter a year ago.

For the year to date, the company reported net sales/income from operations of INR 263.896 million, total income from operations of INR 263.896 million, loss from operations before other income, finance costs and exceptional item of INR 9.995 million, loss from ordinary activities before tax of INR 3.451 million, net loss of INR 2.385 million or INR 0.69 per basic and diluted share after extraordinary items compared to the net sales/income from operations of INR 261.891 million, total income from operations of INR 261.891 million, loss from operations before other income, finance costs and exceptional item of INR 9.163 million, loss from ordinary activities before tax of INR 3.536 million, net loss of INR 2.443 million or INR 0.69 per basic and diluted share after extraordinary items for the same period a year ago.