Shree Bhawani Paper Mills Limited announced unaudited standalone earnings results for the third quarter and first nine months ended December 31, 2016. For the quarter, the company announced loss from operations before other income, finance costs and exceptional items was INR 26.9 million compared to INR 34.8 million a year ago. Loss from ordinary activities before tax was INR 92.1 million compared to INR 87.5 million a year ago. Net loss was INR 92.1 million or INR 2.64 per basic and diluted share for before and after extraordinary items compared to INR 87.5 million or INR 2.51 per basic and diluted share for before and after extraordinary items a year ago. For the first nine months, the company announced loss from operations before other income, finance costs and exceptional items was INR 91.4 million compared to INR 111.1 million a year ago. Loss from ordinary activities before tax was INR 278.8 million compared to INR 274.6 million a year ago. Net loss was INR 278.8 million or INR 8.00 per basic and diluted share for before and after extraordinary items compared to INR 274.6 million or INR 7.88 per basic and diluted share for before and after extraordinary items a year ago.