Malwa Cotton Spinning Mills Ltd. announced unaudited standalone earnings results for the third quarter and nine months ended December 31, 2016. For the quarter, the company reported net sales of INR 48.6 million against INR 72.0 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 112.0 million against INR 43.0 million a year ago. Loss from ordinary activities before tax was INR 111.6 million against INR 43.2 million a year ago. Net loss for the period was INR 111.6 million against INR 43.2 million a year ago. Diluted loss per share before and after extraordinary items were INR 3.42 against INR 1.08 a year ago. For the nine months, the standalone company reported net sales of INR 201.7 million against INR 249.0 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 284.0 million against INR 194.6 million a year ago. Loss from ordinary activities before tax was INR 283.2 million against INR 194.5 million a year ago. Net loss for the period was INR 283.2 million against INR 194.5 million a year ago. Diluted loss per share before and after extraordinary items were INR 12.04 against INR 11.05 a year ago.