Jagson Airlines Ltd. reported audited standalone earnings results for the fourth quarter and year ended March 31, 2016. For the quarter, the company reported loss from operations before other income, finance costs and exceptional items of INR 43.7898 million compared to INR 91.0690 million, loss from ordinary activities before tax of INR 43.3768 million compared to INR 69.3070 million and net loss of INR 43.3768 million or INR 1.729 per basic and diluted share compared to INR 69.3070 million or INR 3.436 per basic and diluted share for the last year. For the year, the company reported loss from operations before other income, finance costs and exceptional items of INR 51.4858 million compared to INR 99.5219 million, loss from ordinary activities before tax of INR 51.0718 million compared to INR 77.6869 million and net loss of INR 51.0718 million or INR 2.111 per basic and diluted share compared to INR 77.6869 million or INR 3.852 per basic and diluted share for the last year.