Stone India Ltd. announced unaudited standalone earnings results for the third quarter and nine months ended December 31, 2015. For the quarter, the company reported net sales/income from operations of INR 192.4 million compared to INR 188.3 million a year ago. Loss from operations before other income, finance costs and exceptional items were INR 6.1 million compared to INR 1.0 million a year ago. Loss from ordinary activities before tax was INR 21.2 million compared to INR 22.0 million a year ago. Net loss from ordinary activities after tax was INR 19.3 million or INR 2.01 per basic and diluted share compared to INR 22.3 million or INR 2.73 per basic and diluted share for the same period a year ago.

For the nine months, the company reported net sales/income from operations of INR 756.6 million compared to INR 653.5 million a year ago. Profit from operations before other income, finance costs and exceptional items were INR 34.9 million compared to INR 17.7 million a year ago. Loss from ordinary activities before tax was INR 8.8 million compared to INR 29.2 million a year ago. Net loss from ordinary activities after tax was INR 10.9 million or INR 1.14 per basic and diluted share compared to INR 30.0 million or INR 3.67 per basic and diluted share for the same period a year ago.