Automotive Stampings & Assemblies Ltd. reported unaudited standalone earnings results for the third quarter and nine month ended December 31, 2015. For the quarter, the company reported total income from operations of INR 646.001 million compared to INR 754.675 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 51.375 million compared to INR 40.473 million a year ago. Loss from ordinary activities before tax was INR 79.024 million compared to INR 61.323 million a year ago. Net loss was INR 79.024 million or INR 4.98 basic and diluted per share compared to INR 70.423 million or INR 4.44 basic and diluted per share a year ago. Net sales were INR 643.714 million compared to INR 751.231 million a year ago.

For the nine months, the company reported total income from operations of INR 1,932.918 million compared to INR 2,141.699 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 127.959 million compared to INR 120.35 million a year ago. Loss from ordinary activities before tax was INR 200.165 million compared to INR 180.282 million a year ago. Net loss was INR 200.165 million or INR 12.62 basic and diluted per share compared to INR 168.273 million or INR 10.61 basic and diluted per share a year ago. Net sales were INR 1,925.945 million compared to INR 2,123.935 million a year ago.