Stewarts & Lloyds Of India Ltd. reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2014. For the quarter, the company reported net sales of INR 16.9 million compared to INR 89.5 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 12.4 million compared to INR 14.5 million a year ago. Profit from ordinary activities before tax was INR 32.3 million compared to loss from ordinary activities before tax of INR 26.6 million a year ago. Net profit for the period was INR 32.3 million or INR 10.77 per basic and diluted share compared to net loss for the period of INR 27.2 million or INR 9.07 per basic and diluted share a year ago.

For the nine months, the company reported net sales of INR 96.7 million compared to INR 230.5 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 25.4 million compared to INR 42.7 million a year ago. Loss from ordinary activities before tax was INR 7.5 million compared to INR 76.6 million a year ago. Net loss for the period was INR 7.5 million or INR 2.51 per basic and diluted share compared to net loss for the period of INR 77.9 million or INR 25.97 per basic and diluted share a year ago.