Panoramic Universal Limited announced unaudited standalone and consolidated earnings results for the third quarter and first nine months ended December 31, 2015. For the quarter, on standalone basis, the company announced total income from operations of INR 66.752 million compared to INR 104.563 million a year ago. Profit from operations before other income, finance costs and exceptional items were INR 13.245 million compared to INR 19.778 million a year ago. Loss from ordinary activities before tax was INR 3.548 million compared to profit from ordinary activities before tax of INR 34.623 million a year ago. Net loss was INR 1.255 million or INR 0.15 per basic and diluted share for before and after extraordinary items compared to net profit of INR 22.776 million or INR 0.17 per basic and diluted share for before and after extraordinary items a year ago.

For the first nine months, on standalone basis, the company announced net sales or income from operations, net of excise duty of INR 133.188 million compared to INR 325.645 million a year ago. Loss from operations before other income, finance costs and exceptional items were INR 51.468 million compared to profit from operations before other income, finance costs and exceptional items of INR 107.033 million a year ago. Profit from ordinary activities before tax was INR 64.643 million compared to INR 144.342 million a year ago. Net profit was INR 43.187 million or INR 0.15 per basic and diluted share for before and after extraordinary items compared to INR 94.168 million or INR 0.82 per basic and diluted share for before and after extraordinary items a year ago.

For the quarter, on consolidated basis, the company announced total income from operations of INR 332.829 million compared to INR 289.262 million a year ago. Profit from operations before other income, finance costs and exceptional items were INR 2.617 million compared to loss from operations before other income, finance costs and exceptional items of INR 60.121 million a year ago. Loss from ordinary activities before tax was INR 16.050 million compared to INR 42.026 million a year ago. Net loss was INR 13.757 million or INR 0.31 per basic and diluted share for before and after extraordinary items compared to INR 53.873 million or INR 0.82 per basic and diluted share for before and after extraordinary items a year ago.

For the first nine months, on consolidated basis, the company announced total income from operations of INR 980.861 million compared to INR 1,000.592 million a year ago. Loss from operations before other income, finance costs and exceptional items were INR 133.085 million compared to INR 32.721 million a year ago. Loss from ordinary activities before tax was INR 43.476 million compared to profit from ordinary activities before tax of INR 15.077 million a year ago. Net loss was INR 64.932 million or INR 1.24 per basic and diluted share for before and after extraordinary items compared to INR 35.097 million or INR 0.85 per basic and diluted share for before and after extraordinary items a year ago.