Universal Starch Chem Allied Ltd. announced unaudited stand-alone financial results for the third quarter and nine months ended December 31, 2014. For the quarter, the company reported net sales of INR 467.7 million against INR 514.6 million a year ago. Loss from ordinary activities before tax was INR 20.3 million against profit from ordinary activities before tax of INR 49 million a year ago. Net loss for the period was INR 14.8 million or INR 3.52 per basic and diluted share against net profit of INR 20.6 million or INR 0.14 per basic and diluted share a year ago.

For the nine months, the company reported net sales of INR 1,438.8 million against INR 1,261.2 million a year ago. Profit from ordinary activities before tax was INR 0.9 million against INR 35 million a year ago. Net loss for the period was INR 3 million or INR 0.71 per basic and diluted share against net profit of INR 12.6 million or INR 3.00 per basic and diluted share a year ago.