Zuari Agro Chemicals Limited reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2016. For the quarter, the company reported net sales of INR 9,498.0 million against INR 11,145.4 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 759.3 million against INR 331.5 million a year ago. Profit from ordinary activities before tax was INR 344.4 million against INR 7.2 million a year ago. Net profit for the period was INR 223.0 million against INR 9.8 million a year ago. Basic and diluted earnings per share were INR 5.33 against INR 0.13 a year ago. For the nine months, the company reported net sales of INR 29,840.9 million against INR 40,148.2 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 1,901.3 million against INR 1,382.5 million a year ago. Loss from ordinary activities before tax was INR 59.9 million against profit from ordinary activities before tax of INR 27.9 million a year ago. Net loss for the period was INR 45.7 million against net profit for the period of INR 30.7 million a year ago. Basic and diluted loss per share was INR 1.01 against basic and diluted earnings per share of INR 0.43 a year ago.