Peninsula Land Limited reported unaudited earnings results for the third quarter and nine months ended of December 31, 2015. For the quarter, the company reported total income from operations of INR 138.5 million compared to INR 647.7 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 141.2 million compared to profit from operations before other income, finance costs and exceptional items of INR 53.9 million a year ago. Loss from ordinary activities before tax was INR 157.8 million compared to profit from ordinary activities before tax of INR 24.2 million a year ago. Net loss after tax was INR 101.7 million compared to net profit after tax of INR 27.0 million a year ago. Basic and diluted loss per share was INR 0.36 compared to basic and diluted earnings per share of INR 0.10 a year ago.

For the nine months, the company reported total income from operations of INR 722.3 million compared to INR 1,599.4 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 403.3 million compared to profit from operations before other income, finance costs and exceptional items of INR 107.6 million a year ago. Loss from ordinary activities before tax was INR 401.0 million compared to profit from ordinary activities before tax of INR 48.4 million a year ago. Net loss after tax was INR 255.2 million compared to net profit after tax of INR 74.2 million a year ago. Basic and diluted loss per share was INR 0.91 compared to basic and diluted earnings per share of INR 0.27 a year ago.