Modex International Securities Limited reported audited standalone earnings results for the fourth quarter and year ended March 31, 2017. For the quarter, the company reported net sales/income from operations of INR 67.780 million compared to INR 66.406 million for the same period a year ago. Loss from operations before other income, finance costs and exceptional items was INR 2.409 million against profit from operations before other income, finance costs and exceptional items of INR 9.062 million a year ago. Loss from ordinary activities before tax was INR 3.756 million against profit from ordinary activities before tax of INR 7.257 million a year ago. Net loss for the period was INR 3.415 million against net profit of INR 4.393 million last year. Basic loss per share was INR 0.57 compared to basic earnings per share of INR 1.46 per share a year ago. For the year, the company reported net sales/income from operations of INR 176.538 million compared to INR 114.743 million for the same period a year ago. Profit from operations before other income, finance costs and exceptional items was INR 11.710 million against INR 13.956 million a year ago. Profit from ordinary activities before tax was INR 6.023 million against INR 8.816 million a year ago. Net profit for the period was INR 6.364 million against INR 5.952 million last year. Basic earnings per share were INR 1.06 compared to INR 1.98 a year ago.