STI India 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) was of INR 100.178 million compared to INR 124.209 million a year ago. Loss from operations before other income, finance costs and exceptional items were of INR 48.009 million compared to INR 45.126 million a year ago. Loss from ordinary activities before tax was of INR 45.956 million compared to INR 42.882 million a year ago. Net loss was INR 31.752 million or INR 1.09 per diluted share after extraordinary items compared to INR 40.101 million or INR 1.38 per diluted share after extraordinary items a year ago.

For the nine months, the company reported net sales/income from operations (net of excise duty) was of INR 381.433 million compared to INR 417.981 million a year ago. Loss from operations before other income, finance costs and exceptional items were of INR 60.175 million compared to INR 70.821 million a year ago. Profit from ordinary activities before tax was of INR 424.774 million compared to loss of INR 66.325 million a year ago. Net profit was INR 408.354 million or INR 14.08 per diluted share after extraordinary items compared to INR 60.342 million or INR 2.08 per diluted share after extraordinary items a year ago.