Naturite Agro Products Limited announced unaudited standalone earnings results for the third quarter and nine months ended December 31, 2016. For the quarter, the company's net sales or income from operations was INR 11.884 million compared to INR 0.667 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 0.583 million compared to INR 3.767 million a year ago. Loss from ordinary activities before tax was INR 0.673 million compared to INR 3.767 million a year ago. Net loss was INR 0.673 million or INR 0.13 per basic and diluted share compared to INR 3.767 million or INR 0.71 per basic and diluted share a year ago.

For the first nine months, the company's net sales or income from operations was INR 36.080 million compared to INR 9.477 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 3.272 million compared to loss from operations before other income, finance costs and exceptional items of INR 12.351 million a year ago. Profit from ordinary activities before tax was INR 3.291 million compared to loss from ordinary activities before tax of INR 12.351 million a year ago. Net profit was INR 2.274 million or INR 0.43 per basic and diluted share compared to net loss of INR 12.351 million or INR 2.33 per basic and diluted share a year ago.

The board accepted the resignation of T. Manohara Reddy as Director of the company with immediate effect.