Rainbow Paper Ltd. reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2016. For the quarter, the company's net sales/income from operations (net of excise duty, VAT and sales return) was INR 0.3 million compared to INR 669.5 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 323.0 million compared to INR 309.9 million a year ago. Loss from ordinary activities before tax was INR 310.3 million compared to INR 495.9 million a year ago. Net loss was INR 310.3 million compared to INR 495.9 million a year ago. Basic and diluted loss per share was INR 2.92 compared to INR 4.67 a year ago. For the nine months, the company's net sales/income from operations (net of excise duty, VAT and sales return) was INR 502.1 million compared to INR 2,857.2 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 1,016.4 million compared to INR 1,195.6 million a year ago. Loss from ordinary activities before tax was INR 1,148.5 million compared to profit from ordinary activities before tax of INR 1,696.7 million a year ago. Net loss was INR 1,148.5 million compared to INR 1,696.7 million a year ago. Basic and diluted loss per share was INR 10.81 compared to INR 15.97 a year ago.