Oswal Yarns Ltd. reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2016. For the quarter, the company reported net sales/income from operations of INR 10.942 million against INR 13.661 million a year ago. Profit from operations before other income, interest and exceptional items was INR 0.479 million against INR 0.745 million a year ago. Loss from ordinary activities before tax was INR 0.071 million against profit of INR 0.311 million a year ago. Net loss for the period was INR 0.071 million or INR 0.02 per basic and diluted share against profit of INR 0.311 million or INR 0.08 per basic and diluted share a year ago. For the nine months, the company reported net sales/income from operations of INR 31.373 million against INR 22.135 million a year ago. Profit from operations before other income, interest and exceptional items were INR 1.253 million against loss of INR 0.305 million a year ago. Loss from ordinary activities before tax was INR 0.328 million against INR 0.939 million a year ago. Net loss for the period was INR 0.328 million or INR 0.08 per basic and diluted share against INR 0.939 million or INR 0.23 per basic and diluted share a year ago.