Vimal Oil & Foods Limited announced unaudited standalone financial results for the third quarter and nine months ended Dec. 31, 2015. For the quarter, the company reported loss from operations before other income, finance costs & exceptional items of INR 622 million against profit of INR 255 million for the same period of last year. Loss from ordinary activities before tax was INR 652 million against profit of INR 82 million for the same period of last year. Net loss for the period was INR 652 million or INR 43.43 per basic and diluted share against profit of INR 61 million or INR 4.09 per basic and diluted share for the same period of last year. Net sales/income from operations were INR 3,226.6 million against INR 7,373 million for the same period of last year.

For the nine months, the company reported loss from operations before other income, finance costs & exceptional items of INR 1,537 million against profit of INR 661 million for the same period of last year. Loss from ordinary activities before tax was INR 1,978 million against profit of INR 238 million for the same period of last year. Net loss for the period was INR 1,978 million or INR 131.69 per basic and diluted share against profit of INR 179 million or INR 11.91 per basic and diluted share for the same period of last year. Net sales/income from operations were INR 13,652.2 million against INR 20,943 million for the same period of last year.