Karuturi Global Limited announced audited standalone and consolidated earnings results for the fourth quarter and full year ended March 31, 2016. For the quarter, on standalone basis, the company reported net sales of INR 48.317 million against INR 62.361 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 3.268 million against profit from operations before other income, finance costs and exceptional items of INR 97.537 million a year ago. Loss from ordinary activities before tax was INR 29.744 million against profit from ordinary activities before tax of INR 21.3 million a year ago. Net loss for the period was INR 38.216 million or INR 0.038 basic and diluted before and after extraordinary items against INR 30.949 million or INR 0.040 basic and diluted before and after extraordinary items a year ago. For the year, on standalone basis, the company reported net sales of INR 142.494 million against INR 151.407 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 11.328 million against profit from operations before other income, finance costs and exceptional items of INR 23.998 million a year ago. Loss from ordinary activities before tax was INR 118.852 million against profit from ordinary activities before tax of INR 14.095 million a year ago. Net loss for the period was INR 128.786 million or INR 0.127 basic and diluted before and after extraordinary items against net profit for the period of INR 13.368 million or INR 0.017 basic and diluted before and after extraordinary items a year ago. For the quarter, on consolidated basis, the company reported net sales of INR 1,437.949 million against INR 928.385 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 256.8 million against INR 39.866 million a year ago. Profit from ordinary activities before tax was INR 214.232 million against INR 234.044 million a year ago. Net profit for the period was INR 204.998 million or INR 1.317 basic and diluted before and after extraordinary items against INR 184.517 million or INR 0.228 basic and diluted before and after extraordinary items a year ago. For the year, on consolidated basis, the company reported net sales of INR 3,302.822 million against INR 2,662.273 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 621.191 million against INR 175.723 million a year ago. Profit from ordinary activities before tax was INR 364.584 million against INR 324.19 million a year ago. Net profit for the period was INR 352.238 million or INR 1.462 basic and diluted before and after extraordinary items against INR 325.28 million or INR 0.401 basic and diluted before and after extraordinary items a year ago.