PSL Ltd. announced audited standalone earnings results for the fourth quarter and full year and audited consolidated earnings results for the full year ended March 31, 2016. For the quarter, the standalone company reported net sales of INR 64.9 million against INR 252.3 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 10,533.3 million against INR 701.1 million a year ago. Loss from ordinary activities before tax was INR 10,533.3 million against INR 2,409.3 million a year ago. Net loss was INR 10,533.3 million against INR 2,409.3 million a year ago. Diluted loss per share before and after extraordinary items were INR 106.46 against INR 24.35 a year ago. For the year, the standalone company reported net sales of INR 733.4 million against INR 1,247.2 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 13,560.1 million against INR 2,556.3 million a year ago. Loss from ordinary activities before tax was INR 13,560.1 million against INR 4,775.5 million a year ago. Net loss was INR 13,560.1 million against INR 4,775.5 million a year ago. Diluted loss per share before and after extraordinary items were INR 137.05 against INR 48.27 a year ago. For the year, the consolidated company reported net sales of INR 2,477.2 million against INR 2,734.1 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 13,688.3 million against INR 3,247.3 million a year ago. Loss from ordinary activities before tax was INR 14,229.1 million against INR 5,790.4 million a year ago. Net loss was INR 14,229.1 million against INR 5,790.4 million a year ago. Diluted loss per share before and after extraordinary items were INR 143.82 against INR 58.53 a year ago.