ABG Shipyard Limited reported unaudited standalone earnings results for the fourth quarter and audited standalone earnings results for the year ended March 31, 2016. For the quarter, on standalone basis, the company reported net sales/income from operations of INR 19.5 million against INR 205.2 million a year ago. Loss from operation before other income, finance cost and exceptional items was INR 4,986.5 million against INR 2,592.1 million a year ago. Loss from ordinary activities before tax was INR 17,300.6 million against INR 4,851.6 million a year ago. Net loss for the period was INR 17,106.8 million or INR 317.58 per basic and diluted share before and after extraordinary items against INR 3,748.6 million or INR 75.22 per basic and diluted share before and after extraordinary items a year ago. For the year, on standalone basis, the company reported net sales/income from operations of INR 341.7 million against INR 3,857.4 million a year ago. Loss from operation before other income, finance cost and exceptional items was INR 18,958.9 million against INR 3,905.8 million a year ago. Loss from ordinary activities before tax was INR 37,240.9 million against INR 11,858.9 million a year ago. Net loss for the period was INR 37,047.1 million or INR 687.77 per basic and diluted share before and after extraordinary items against net loss of INR 8,977 million or INR 172.91 per basic and diluted share before and after extraordinary items a year ago.