Sanghvi Forging & Engineering Limited announced audited consolidated and standalone financial results for the quarter and year ended March 31, 2017. For the quarter, on standalone basis the company reported total income from operations of INR 161.280 million against INR 158.827 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 27.380 million against income of INR 19.097 million a year ago. Loss from ordinary activities before tax was INR 71.771 million against INR 16.340 million a year ago. Net loss for the period was INR 71.771 million against INR 16.845 million a year ago. Diluted EPS before and after extraordinary items were negative INR 4.82 against negative INR 1.13 a year ago. For the year, on standalone basis the company reported total income from operations of INR 554.160 million against INR 683.530 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 60.254 million against income of INR 52.949 million a year ago. Loss from ordinary activities before tax was INR 225.204 million against INR 99.366 million a year ago. Net loss for the period was INR 225.204 million against INR 99.870 million a year ago. Diluted EPS before and after extraordinary items were negative INR 15.12 against negative INR 6.71 a year ago. For the year, on consolidated basis the company reported total income from operations of INR 580.235 million against INR 716.488 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 63.844 million against income of INR 48.870 million a year ago. Loss from ordinary activities before tax was INR 227.621 million against INR 103.444 million a year ago. Net loss for the period was INR 227.621 million against INR 104.028 million a year ago. Diluted EPS before and after extraordinary items were negative INR 15.28 against negative INR 6.99 a year ago.