Gyan Developers & Builders Ltd. announced unaudited earnings results for third quarter and nine months ended Dec. 31, 2015. For the quarter, the company reported net sales/income from operations of INR 1,264,000, loss from operations before other income and finance costs and exceptional items of INR 140,000, loss from ordinary activities before tax of INR 140,000, net loss of INR 140,000 compared to the net sales/income from operations of INR 1,410,000, loss from operations before other income and finance costs and exceptional items of INR 139,000, loss from ordinary activities before tax of INR 143,000, net loss of INR 143,000 for the same quarter a year ago. Diluted earnings per share after extraordinary items were INR 0.047 against INR 0.48 a year ago.

For the year to date, the company reported net sales/income from operations of INR 3,274,000, loss from operations before other income and finance costs and exceptional items of INR 1,248,000, loss from ordinary activities before tax of INR 1,248,000, net loss of INR 1,248,000 compared to the net sales/income from operations of INR 11,000,000, profit from operations before other income and finance costs and exceptional items of INR 2,497,000, profit from ordinary activities before tax of INR 2,426,000, net profit of INR 2,426,000 for the same period a year ago. Diluted earnings per share after extraordinary items were INR 0.416 against INR 0.559 a year ago.