Navketan Merchants Limited 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 1.931 million, profit from operations before other income, finance coasts and exceptional items of INR 0.021 million, profit from ordinary activities before tax of INR 0.021 million and net profit for the period of INR 0.011 million or INR 0.0003 per basic and diluted share before and after extraordinary items (not annualized) compared to net sales of INR 4.730 million, profit from operations before other income, finance coasts and exceptional items of INR 0.049 million, profit from ordinary activities before tax of INR 0.049 million and net profit for the period of INR 0.034 million or INR 0.0009 per basic and diluted share before and after extraordinary items (not annualized) reported in the same period last year.

For the nine months, the company reported net sales/income from operations (net of excise duty) of INR 7.445 million, profit from operations before other income, finance coasts and exceptional items of INR 0.865 million, profit from ordinary activities before tax of INR 0.865 million and net profit for the period of INR 0.596 million or INR 0.0165 per basic and diluted share before and after extraordinary items (not annualized) compared to net sales of INR 40.701 million, profit from operations before other income, finance coasts and exceptional items of INR 0.602 million, profit from ordinary activities before tax of INR 0.616 million and net profit for the period of INR 0.427 million or INR 0.0118 per basic and diluted share before and after extraordinary items (not annualized) reported in the same period last year.