Everest Organics Ltd. reported 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 (net of excise duty) of INR 232.870 million against INR 279.416 million a year ago. Profit from operations before other income and finance costs and exceptional items was INR 6.257 million against INR 11.455 million a year ago. Loss from ordinary activities before tax was INR 1.281 million against profit from ordinary activities before tax of INR 5.340 million a year ago. Net loss for the period was INR 1.281 million against net profit for the period of INR 4.340 million a year ago. Basic and diluted loss per share was INR 0.38 against basic and diluted earnings per share of INR 0.47 a year ago.

For the nine months, the company reported net sales/income from operations (net of excise duty) of INR 712.376 million against INR 755.749 million a year ago. Profit from operations before other income and finance costs and exceptional items was INR 8.954 million against INR 30.454 million a year ago. Loss from ordinary activities before tax was INR 7.773 million against profit from ordinary activities before tax of INR 13.10 million a year ago. Net loss for the period was INR 17.752 million against net profit for the period of INR 10.50 million a year ago. Basic and diluted loss per share was INR 5.32 against basic and diluted earnings per share of INR 1.13 a year ago.