Surana Corporation Ltd. reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2015. For the quarter, the company reported net sales were INR 2.21181 billion against INR 1.0489 billion a year ago. Loss from operations before other income, finance costs and exceptional items and prior period items was INR 0.5745 billion against INR 0.0979 billion a year ago. Loss from ordinary activities before tax was INR 0.9216 billion against INR 0.4915 billion a year ago. Net loss for the period was INR 0.9216 billion or INR 37.83 basic and diluted per share against INR 0.4915 billion or INR 20.18 basic and diluted per share a year ago.

For the nine-month period, the company reported net sales were INR 6.3466 billion against INR 7.3620 billion a year ago. Loss from operations before other income, finance costs and exceptional items and prior period items was INR 1.8816 billion against INR 0.2815 billion a year ago. Loss from ordinary activities before tax was INR 3.0575 billion against INR 1.3394 billion a year ago. Net loss for the period was INR 2.8150 billion or INR 115.56 basic and diluted per share against INR 1.3394 billion or INR 54.98 basic and diluted per share a year ago.