Melstar Information Technologies Ltd. reported audited standalone earnings results for the fourth quarter and full year ended March 31, 2017. For the quarter, the company reported profit from operations before other income, interest & exceptional items of INR 25.367 million against INR 34.975 million for the same period of last year. Loss from operations before other income, finance costs and exceptional items was INR 9.456 million against profit of INR 12.243 million for the same period of last year. Profit from ordinary activities before tax was INR 13.481 million against profit of INR 7.328 million for the same period of last year. Net loss for the period was INR 13.481 million or INR 0.94 per basic and diluted share against profit of INR 7.328 million or INR 0.51 per basic and diluted share for the same period of last year. Total income from operations (net) was INR 25.367 million against INR 34.975 million for the same period of last year. For the year, the company reported profit from operations before other income, interest & exceptional items of INR 22.740 million against INR 27.667 million for the same period of last year. Loss from ordinary activities before tax was INR 33.271 million against profit of INR 2.003 million for the same period of last year. Net loss for the period was INR 33.271 million or INR 2.75 per basic and diluted share against profit of INR 2.009 million or INR 0.14 per basic and diluted share for the same period of last year. Total income from operations (net of excise duty) was INR 211.38 million against INR 311.715 million for the same period of last year.