SIP Industries Limited announced audited earnings results for the year ended March 31, 2017. For the year, the company reported Loss before exceptional and extraordinary items and tax of INR 1,556,808 as compared to profit before exceptional and extraordinary items and tax of INR 2,580,568 for the same period last year. Loss before tax was INR 1,556,808 as compared to profit before tax of INR 2,580,568 for the same period last year. Loss for the period was INR 1,556,808 as compared to profit for the period of INR 2,580,568 for the same period last year. Basic and diluted loss per equity share was INR 0.33 as compared to basic and diluted earnings per share of INr 0.55 for the same period last year. Cash from operating activities was negative INR 1,410,256 as compared to INR 1,067,506 for the same period last year.