Axon Ventures Limited reported unaudited earnings results for the third quarter and nine months ended of December 31, 2015. For the quarter, the company reported net sales/loss from operations of INR 1.745 million. Loss from operations before other income, finance costs & exceptional items was INR 2.953 million compared to profit from operations before other income, finance costs & exceptional items of INR 0.818 million a year ago. Loss from ordinary activities before tax was INR 2.952 million compared to profit from ordinary activities before tax of INR 0.818 million a year ago. Net loss for the period was INR 2.952 million compared to net profit for the period of INR 0.818 million a year ago. Basic and diluted loss per share before and after extraordinary items was INR 0.39 compared to basic and diluted earnings per share before and after extraordinary items of INR 0.11 a year ago.

For the nine months, the company reported net sales/loss from operations of INR 11.980 million compared to INR 13.456 million a year ago. Loss from operations before other income, finance costs & exceptional items was INR 4.534 million compared to profit from operations before other income, finance costs & exceptional items of INR 2.276 million a year ago. Loss from ordinary activities before tax was INR 4.524 million compared to profit from ordinary activities before tax of INR 2.340 million a year ago. Net loss for the period was INR 4.685 million compared to net profit for the period of INR 2.340 million a year ago. Basic and diluted loss per share before and after extraordinary items was INR 0.61 compared to basic and diluted earnings per share before and after extraordinary items of INR 0.31 a year ago.