Switching Technologies Gunther Ltd. reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2015. For the quarter, net sales were INR 30.624 million against INR 46.184 million a year ago. Loss from operation before other income, finance costs and exceptional items was INR 2.649 million against profit from operation before other income, finance costs and exceptional items of INR 1.299 million a year ago. Loss from ordinary activities before tax was INR 2.591 million against profit from ordinary activities before tax INR 1.299 million a year ago. Net loss was INR 2.591 million or INR 1.06 per basic and diluted share before and after extraordinary items against net profit of INR 1.299 million or INR 0.53 per basic and diluted share before and after extraordinary items a year ago.

For the nine months, net sales were INR 113.229 million against INR 185.791 million a year ago. Loss from operation before other income, finance costs and exceptional items was INR 5.116 million against profit from operation before other income, finance costs and exceptional items of INR 10.256 million a year ago. Loss from ordinary activities before tax was INR 5.044 million against profit from ordinary activities before tax of INR 10.256 million a year ago. Net loss was INR 5.044 million or INR 2.06 per basic and diluted share before and after extraordinary items against profit of INR 10.256 million or INR 4.19 per basic and diluted share before and after extraordinary items a year ago.