Coral Newsprint 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 of INR 34.907 million, profit from operations before other income, finance costs and exceptional items of INR 0.531 million, profit from ordinary activities before tax of INR 0.531 million and net profit after taxes, minority interest and share of loss of associates of INR 0.531 million or INR 1.05 per diluted share (after extraordinary items not annualized) compared to net sales of INR 38.155 million, loss from operations before other income, finance costs and exceptional items of INR 0.237 million, loss from ordinary activities before tax of INR 0.237 million and net loss after taxes, minority interest and share of loss of associates of INR 0.237 million or INR 0.47 per diluted share (after extraordinary items not annualized) reported in the same period last year.

For the nine months, the company reported net sales of INR 113.288 million, profit from operations before other income, finance costs and exceptional items of INR 1.838 million, profit from ordinary activities before tax of INR 1.838 million and net profit after taxes, minority interest and share of loss of associates of INR 1.838 million or INR 3.64 per diluted share (after extraordinary items not annualized) compared to net sales of INR 99.325 million, loss from operations before other income, finance costs and exceptional items of INR 1.779 million, loss from ordinary activities before tax of INR 1.779 million and net loss after taxes, minority interest and share of loss of associates of INR 1.779 million or INR 3.52 per diluted share (after extraordinary items not annualized) reported in the same period last year.