ABG Shipyard Limited reported unaudited standalone earnings results for the third quarter and nine months ended December 31, 2016. For the quarter, the company reported net sales/income from operations of INR 45.399 million against INR 19.963 million a year ago. Loss from operation before other income, finance cost and exceptional items was INR 3,078.469 million against INR 1,064.280 million a year ago. Loss from ordinary activities before tax was INR 8,220.342 million against INR 12,662.295 million a year ago. Net loss for the period was INR 8,220.342 million or INR 80.88 per basic and diluted share before and after extraordinary items against INR 12,662.295 million or INR 235.07 per basic and diluted share before and after extraordinary items a year ago. For the year, the company reported net sales/income from operations of INR 92.105 million against INR 322.167 million a year ago. Loss from operation before other income, finance cost and exceptional items was INR 9,089.349 million against INR 13,972.520 million a year ago. Loss from ordinary activities before tax was INR 19,917.180 million against INR 19,940.268 million a year ago. Net loss for the period was INR 19,917.180 million or INR 256.10 per basic and diluted share before and after extraordinary items against net loss of INR 19,940.268 million or INR 370.19 per basic and diluted share before and after extraordinary items a year ago.