GSL Nova Petrochemicals Limited reported audited standalone earnings results for the fourth quarter and year ended March 31, 2016. For the quarter, the company reported profit from operations before other income, finance costs and exceptional items was INR 3.349 million compared to loss from operations before other income, finance costs and exceptional items of INR 29.922 million a year ago. Profit from ordinary activities before tax was INR 83.143 million compared to loss from ordinary activities before tax of INR 58.966 million a year ago. Net profit for the period was INR 83.143 million compared to net loss for the period of INR 58.966 million a year ago. Basic and diluted earnings per share were INR 3.08 compared to INR 2.18 a year ago. Net sales/income from operations was INR 69.56 million against INR 0.618 million a year ago. For the year, the company reported profit from operations before other income, finance costs and exceptional items was INR 9.340 million compared to loss from operations before other income, finance costs and exceptional items of INR 63.824 million a year ago. Profit from ordinary activities before tax was INR 23.785 million compared to loss from ordinary activities before tax of INR 161.456 million a year ago. Net profit for the period was INR 23.785 million compared to INR 161.456 million a year ago. Basic and diluted earnings per share were INR 0.88 compared to INR 5.98 a year ago. Net sales/income from operations was INR 85.885 million against INR 14.386 million a year ago.