Valiant Communications Limited unaudited standalone earnings results for the first quarter ended June 30, 2016. For the quarter, the company reported net sales of INR 35.434 million compared to INR 44.024 million a year ago. Total income from operations (net) was INR 35.625 million compared to INR 44.024 million a year ago. Loss from operations before other income, finance costs, and exceptional items was INR 3.574 million compared to profit from operations before other income, finance costs, and exceptional items of INR 4.392 million a year ago. Loss from ordinary activities before tax was INR 1.859 million compared to profit from ordinary activities before tax of INR 6.556 million a year ago. Net loss for the period was INR 1.288 million or INR 0.18 per basic and diluted share before and after extraordinary items compared to net profit of INR 4.527 million or INR 0.63 per basic and diluted share before and after extraordinary items a year ago.