SIP Industries Limited Announces Unaudited Standalone Earnings Results for the Third Quarter and Nine Months Ended December 31, 2016
February 10, 2017 at 03:59 am
SIP Industries Limited announced unaudited standalone earnings results for the third quarter and nine months ended December 31, 2016. For the quarter, the company's loss from operations before other income, finance costs and exceptional items was INR 0.29 million compared with INR 0.27 million a year ago. Loss from ordinary activities before tax was INR 0.29 million compared with INR 0.27 million a year ago. Net loss was INR 0.29 million or INR 0.06 per basic and diluted share compared with net loss of INR 0.27 million or INR 0.06 per basic and diluted share a year ago.
For the nine months, the company's loss from operations before other income, finance costs and exceptional items was INR 1.2 million compared with INR 3.0 million a year ago. Loss from ordinary activities before tax was INR 1.0 million compared with INR 3.0 million a year ago. Net loss was INR 1.0 million or INR 0.22 per basic and diluted share compared with net profit of INR 3.3 million or INR 0.71 per basic and diluted share a year ago.