Kreon Financial Services Ltd. announced standalone unaudited earnings results for the third quarter and nine months ended December 31, 2015. For the quarter, the company reported total income from operations of INR 2.248 million against INR 2.679 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 0.326 million against profit from operations before other income, finance costs and exceptional items of INR 2.191 million a year ago. Loss from ordinary activities before tax was INR 0.326 million against profit before tax of INR 2.191 million a year ago. Net loss was INR 0.326 million against net profit of INR 2.191 million a year ago. Loss per diluted share was INR 0.03 against earnings per diluted share of INR 0.22 a year ago.

For the nine months, the company reported total income from operations of INR 6.247 million against INR 11.876 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 0.326 million against INR 10.551 million a year ago. Profit from ordinary activities before tax was INR 0.326 million against INR 10.551 million a year ago. Net profit was INR 0.326 million against INR 10.459 million a year ago. Earnings per diluted share were INR 0.03 against INR 1.04 a year ago.