Karuturi Global Limited reported consolidated and standalone earnings results for the third quarter and nine months ended December 31, 2016. For the quarter, on consolidated basis, net sales/income from operations were INR 450.893 million compared with INR 590.051 million for the same period last year. Loss from operations before other income, financial cost & exceptional items was INR 12.501 million compared with profit was INR 66.415 million for the same period last year. Profit from ordinary activities before tax was INR 210.062 million compared with profit of INR 85.874 million for the same period last year. Net profit for the period was INR 210.062 million or INR 0.140 diluted per share compared with INR 83.851 million or INR 0.056 diluted per share for the same period last year. For the nine months, on consolidated basis, net sales/income from operations were INR 1,534.050 million compared with INR 1,864.332 million for the same period last year. Profit from operations before other income, financial cost & exceptional items was INR 264.326 million compared with INR 363.020 million for the same period last year. Profit from ordinary activities before tax was INR 352.905 million compared with INR 149.072 million for the same period last year. Net profit for the period was INR 362.341 million or INR 0.241 diluted per share compared with INR 147.294 million or INR 0.099 diluted per share for the same period last year. For the quarter, on standalone basis, net sales/income from operations were INR 25.301 million compared with INR 34.282 million for the same period last year. Loss from operations before other income, financial cost & exceptional items was INR 2.954 million compared with profit of INR 0.210 million for the same period last year. Loss from ordinary activities before tax was INR 36.026million compared with profit of INR 76.245 million for the same period last year. Net loss for the period was INR 36.026 million or INR 0.024 diluted per share compared with profit of INR 74.962 million or INR 0.050 diluted per share for the same period last year. For the nine months, on standalone basis, net sales/income from operations were INR 77.050 million compared with INR 94.150 million for the same period last year. Loss from operations before other income, financial cost & exceptional items was INR 10.479 million compared with INR 7.870 million for the same period last year. Loss from ordinary activities before tax was INR 89.925 million compared with INR 90.251 million for the same period last year. Net loss for the period was INR 80.489 million or INR 0.053 diluted per share compared with net loss of INR 90.379 million or INR 0.060 diluted per share for the same period last year.