Empee Sugars and Chemicals Limited announced unaudited standalone earnings results for the third quarter and first nine months ended December 31, 2015. For the quarter, the company announced net sales or income from operations, net of excise duty of INR 37.936 million compared to INR 237.658 million a year ago. Loss from operations before other income, finance costs and exceptional items were INR 90.395 million compared to INR 376.280 million a year ago. Loss from ordinary activities before tax was INR 282.672 million compared to INR 1,040.241 million a year ago. Net loss for the period was INR 282.672 million or INR 6.73 per basic and diluted share for before and after extraordinary items compared to INR 1,040.241 million or INR 24.78 per basic and diluted share for before and after extraordinary items a year ago.

For the first nine months, the company announced net sales or income from operations, net of excise duty of INR 149.180 million compared to INR 944.140 million a year ago. Loss from operations before other income, finance costs and exceptional items were INR 251.541 million compared to INR 620.415 million a year ago. Loss from ordinary activities before tax was INR 816.030 million compared to INR 1,624.202 million a year ago. Net loss for the period was INR 816.030 million or INR 19.44 per basic and diluted share for before and after extraordinary items compared to INR 1,443.758 million or INR 34.40 per basic and diluted share for before and after extraordinary items a year ago.