Spisys Limited announced unaudited standalone financial results for the third quarter and nine months ended December 31, 2016. For the quarter, the company reported net sales of INR 16.652 million as compared to INR 77.488 million for the same period last year. Loss from operations before other income and finance cost was INR 1.7 million compared with profit of INR 18.0 million a year ago. Net loss for the period was INR 1.834 million as compared to net profit INR 17.929 million for the same period last year. Diluted and basic loss per share was INR 0.20 as compared to diluted and basic earnings per share of INR 1.98 for the same period last year. For the nine months, the company reported net sales of INR 70.811 million as compared to INR 211.261 million for the same period last year. Profit from operations before other income and finance cost was INR 3.1 million compared with INR 37.2 million a year ago. Net profit for the period was INR 2.703 million as compared to INR 36.730 million for the same period last year. Diluted and basic earnings per share were INR 0.30 as compared to INR 4.06 for the same period last year.