Gujarat Foils Ltd. announced audited standalone earnings results for the fourth quarter and full year ended March 31, 2017. For the quarter, the company reported net sales of INR 531.915 million against INR 1,115.72 million a year ago. Loss from ordinary activities before other income, finance costs and exceptional items was INR 205.895 million against profit of INR 77.646 million a year ago. Loss from ordinary activities before tax was INR 246.863 million against INR 54.997 million a year ago. Net loss for the period was INR 261.643 million or INR 31.9 basic and diluted per share before and after extraordinary items against INR 34.561 million or INR 4.21 basic and diluted per share before and after extraordinary items a year ago. For the year, the company reported net sales of INR 2,830.957 million against INR 4,510.62 million a year ago. Loss from ordinary activities before other income, finance costs and exceptional items was INR 126.824 million against profit of INR 346.083 million a year ago. Loss from ordinary activities before tax was INR 406.211 million against profit of INR 10.281 million a year ago. Net loss for the period was INR 420.991 million against INR 15.575 million or INR 1.90 basic and diluted per share before and after extraordinary items a year ago.