Metkore Alloys & Industries Limited reported 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 10.75 million compared to INR 1,051.96 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 30.43 million compared to profit from operations before other income, finance costs and exceptional items of INR 23.34 million a year ago. Net loss was INR 30.65 million compared to net profit of INR 4.88 million a year ago. Basic and diluted loss per share before and after extraordinary items was INR 0.44 compared to basic and diluted profit per share before and after extraordinary items of INR 0.07 a year ago.

For the nine months, the company reported net sales/income from operations of INR 450.05 million compared to INR 2,485.26 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 45.25 million compared to profit from operations before other income, finance costs and exceptional items of INR 71.26 million a year ago. Net loss was INR 80.57 million compared to net profit of INR 17.89 million a year ago. Basic and diluted loss per share before and after extraordinary items was INR 1.14 compared to basic and diluted profit per share before and after extraordinary items of INR 0.25 a year ago.