Ashika Credit Capital Ltd. announced 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 of INR 3.216 million against INR 6.549 million a year ago. Income from operations before other income, finance costs and exceptional items was INR 8.083 million against INR 5.235 million a year ago. Profit from ordinary activities before tax was INR 8.083 million against INR 5.199 million a year ago. Net profit for the period was INR 8.083 million against INR 5.199 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 1.16 against INR 0.74 a year ago.

For the nine months, the company reported net sales of INR 10.911 million against INR 19.683 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 50.255 million against profit of INR 17.143 million a year ago. Loss from ordinary activities before tax was INR 50.255 million against profit of INR 15.826 million a year ago. Net loss for the period was INR 50.26 million against INR 15.83 million a year ago. Basic and diluted loss per share before and after extraordinary items was INR 7.18 against earnings of INR 2.26 a year ago.