Premier 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 247.8 million, loss from operations before other income, finance costs and exceptional items of INR 97.1 million, loss from ordinary activities before tax of INR 251.8 million, net loss of INR 251.8 million or INR 8.29 per diluted share before and after extraordinary items compared to net sales of INR 376.6 million, profit from operations before other income, finance costs and exceptional items of INR 15.9 million, loss from ordinary activities before tax of INR 133.4 million, net loss of INR 133.4 million or INR 4.39 per diluted share before and after extraordinary items reported in the same period last year.

For the nine months, the company reported net sales of INR 846.5 million, loss from operations before other income, finance costs and exceptional items of INR 279.1 million, profit from ordinary activities before tax of INR 71.2 million, net profit of INR 71.2 million or INR 2.34 per diluted share before and after extraordinary items compared to net sales of INR 1,293.7 million, loss from operations before other income, finance costs and exceptional items of INR 49.8 million, loss from ordinary activities before tax of INR 560.6 million, net loss of INR 523.9 million or INR 17.29 per diluted share before and after extraordinary items reported in the same period last year.