Zylog Systems Limited announced unaudited consolidated and standalone earnings results for the third quarter and nine months ended December 31, 2015. For the quarter, on consolidated basis, the company reported net sales of INR 597.342 million against INR 627.330 million a year ago. Profit from operations before other income, interest and exceptional items was INR 46.659 million against loss of INR 435.397 million a year ago. Loss from ordinary activities before tax was INR 572.091 million against INR 356.0 million a year ago. Net loss for the period was INR 592.264 million against INR 1,974.949 million a year ago. Basic and diluted loss per share before and after extraordinary items was INR 10.09 against INR 33.48 a year ago.

For the nine months, on consolidated basis, the company reported net sales of INR 1,686.641 million against INR 2,901.507 million a year ago. Loss from operations before other income, interest and exceptional items was INR 0.470 million against INR 1,021.861 million a year ago. Loss from ordinary activities before tax was INR 2,322.886 million against INR 928.251 million a year ago. Net loss for the period was INR 2,017.210 million against INR 2,696.141 million a year ago. Basic and diluted loss per share before and after extraordinary items was INR 34.19 against INR 45.70 a year ago.

For the quarter, on standalone basis, the company reported net sales of INR 408.961 million against INR 321.372 million a year ago. Profit from operations before other income, interest and exceptional items was INR 76.980 million against loss of INR 439.184 million a year ago. Loss from ordinary activities before tax was INR 237.422 million against INR 281.812 million a year ago. Net loss for the period was INR 252.421 million against INR 1,897.251 million a year ago. Basic and diluted loss per share before and after extraordinary items was INR 4.28 against INR 32.16 a year ago.

For the nine months, on standalone basis, the company reported net sales of INR 1,034.259 million against INR 2,769.338 million a year ago. Loss from operations before other income, interest and exceptional items was INR 39.907 million against INR 1,448.530 million a year ago. Loss from ordinary activities before tax was INR 721.851 million against INR 1,178.937 million a year ago. Net loss for the period was INR 533.955 million against INR 4,559.663 million a year ago. Basic and diluted loss per share before and after extraordinary items was INR 9.05 against INR 77.29 a year ago.