PSL Ltd. reported unaudited standalone earnings results for the second quarter and six months ended September 30, 2016. For the quarter, the company reported net sales/income from operations of INR 50.9 million compared to INR 212.6 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 416.1 million compared to loss from operations before other income, finance costs and exceptional items of INR 703.7 million a year ago. Loss from ordinary activities before tax was INR 416.1 million compared to loss from ordinary activities before tax of INR 1,818.9 million a year ago. Net loss was INR 416.1 million compared to net loss of INR 1,818.9 million a year ago. Basic and diluted loss per share before and after extraordinary items was INR 3.33 compared to basic and diluted loss per share before and after extraordinary items of INR 18.38 a year ago. For the six months, the company reported net sales/income from operations of INR 70.3 million compared to INR 527.1 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 802.7 million compared to loss from operations before other income, finance costs and exceptional items of INR 1,419.6 a year ago. Loss from ordinary activities before tax was INR 802.7 million compared to loss from ordinary activities before tax of INR 4,066.5 million a year ago. Net loss was INR 802.7 million compared to net loss of INR 4,066.5 million a year ago. Basic and diluted loss per share before and after extraordinary items was INR 6.43 compared to basic and diluted loss per share before and after extraordinary items of INR 41.10 a year ago.