Indo Pacific Projects Limited announced audited standalone earnings results for the fourth quarter and full year ended March 31, 2016. For the quarter, the standalone company reported net sales of INR 20.170 million against INR 19.348 million a year ago. Total income from operations was INR 20.188 million against INR 19.348 million a year ago. Loss before tax was INR 8.245 million against profit of INR 3.882 million a year ago. Net loss was INR 6.908 million against profit of INR 2.682 million a year ago. Basic loss per share before and after extraordinary items was INR 0.07 against income of INR 0.03 a year ago. For the year, the standalone company reported net sales of INR 84.602 million against INR 120.748 million a year ago. Total income from operations was INR 85.216 million against INR 122.406 million a year ago. Profit from ordinary activities before tax was INR 1.093 million against INR 14.930 million a year ago. Net profit was INR 65.115 million against INR 47.011 million a year ago. Basic earnings per share before and after extraordinary items was INR 0.01 against INR 0.15 a year ago.