Gujarat Sidhee Cement Ltd. reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2016. For the quarter, net sales were INR 1,070.838 million against INR 1,143.989 million a year ago. Loss from operation before other income, finance cost and exceptional item was INR 68.844 million against profit from operation before other income, finance cost and exceptional item of INR 31.974 million a year ago. Loss from ordinary activities before tax was INR 67.761 million against profit from ordinary activities before tax of INR 33.062 million a year ago. Net loss was INR 67.761 million or INR 0.79 per basic and diluted share against net profit of INR 42.117 million or INR 0.59 per basic and diluted share a year ago. For the nine months, net sales were INR 3,414.372 million against INR 3,409.868 million a year ago. Loss from operation before other income, finance cost and exceptional item was INR 274.266 million against INR 148.958 million a year ago. Loss from ordinary activities before tax was INR 261.067 million against INR 148.112 million a year ago. Net loss was INR 261.067 million or INR 3.03 per basic and diluted share against INR 108.696 million or INR 1.53 per basic and diluted share a year ago.