Gujarat Meditech Ltd. announced unaudited standalone earnings results for the third quarter and nine months ended December 31, 2015. For the quarter, the standalone company reported net sales of INR 2.024 million against INR 0.200 million a year ago. Profit from operations before other income, interest and exceptional items was INR 0.013 million against loss of INR 0.010 million a year ago. Profit from ordinary activities before tax was INR 0.013 million against loss of INR 0.010 million a year ago. Net profit was INR 0.013 million against loss of INR 0.010 million a year ago.

For the nine months, the standalone company reported net sales of INR 4.094 million against INR 0.835 million a year ago. Loss from operations before other income, interest and exceptional items was INR 0.006 million against INR 0.040 million a year ago. Loss from ordinary activities before tax was INR 0.006 million against INR 0.040 million a year ago. Net loss was INR 0.006 million against INR 0.040 million a year ago.