Tara Jewels Limited announced audited standalone and consolidated earnings results for the fourth quarter and year ended March 31, 2016. For the quarter, on standalone basis, the company reported net sales of INR 3,407.837 million compared to INR 3,758.604 million a year ago. Total income from operations was INR 3,407.837 million against INR 3,758.604 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 97.233 million compared to INR 304.336 million a year ago. Loss from ordinary activities before tax was INR 94.815 million against profit from ordinary activities before tax of INR 138.120 million a year ago. Net loss from ordinary activities after tax was INR 65.967 million or INR 2.68 per basic and diluted share before and after extra ordinary items compared to net profit from ordinary activities after tax of INR 81.974 million or INR 3.33 per basic and diluted share before and after extra ordinary items a year ago. For the year, on standalone basis, the company reported net sales of INR 13,627.802 million compared to INR 14,141.626 million a year ago. Total income from operations was INR 13,627.802 million compared to INR 14,141.626 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 856.786 million compared to INR 1,056.480 million a year ago. Profit from ordinary activities before tax was INR 214.071 million against INR 466.643 million a year ago. Net profit from ordinary activities after tax was INR 129.375 million or INR 5.25 per basic and diluted share before and after extra ordinary items compared to INR 292.022 million or INR 11.86 per basic and diluted share before and after extra ordinary items a year ago. For the quarter, on consolidated basis, the company reported net sales of INR 5,738.361 million compared to INR 5,280.076 million a year ago. Total income from operations was INR 5,738.361 million against INR 5,280.076 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 67.217 million compared to INR 343.755 million a year ago. Loss from ordinary activities before tax was INR 89.971 million against profit from ordinary activities before tax of INR 165.443 million a year ago. Net loss from ordinary activities after tax was INR 58.813 million or INR 2.39 per basic and diluted share before and after extra ordinary items compared to net profit from ordinary activities after tax of INR 98.749 million or INR 4.01 per basic and diluted share before and after extra ordinary items a year ago. EBITDA was INR 124 million against INR 405 million a year ago. For the year, on consolidated basis, the company reported net sales of INR 18,013.115 million compared to INR 17,352.768 million a year ago. Total income from operations was INR 18,013.115 million compared to INR 17,352.768 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1,022.760 million compared to INR 1,304.990 million a year ago. Profit from ordinary activities before tax was INR 361.928 million against INR 642.647 million a year ago. Net profit from ordinary activities after tax was INR 254.418 million or INR 10.33 per basic and diluted share before and after extra ordinary items compared to INR 436.555 million or INR 17.73 per basic and diluted share before and after extra ordinary items a year ago. EBITDA was INR 1,244 million against INR 1,586 million a year ago.