Gujarat Gas Limited announced audited standalone earnings results for the fourth quarter and year ended March 31, 2016, and audited consolidated earnings results for the year ended March 31, 2016. For the quarter, on standalone basis, the company reported net sales (net of excise duty) of INR 13,605.5 million compared to INR 14,709.5 million for the quarter ended December 30, 2015. Total income from operations (net) was INR 13,781.3 million against INR 14,845.8 million for the quarter ended December 30, 2015. Profit from operations before other income, finance costs and exceptional items was INR 1,577.1 million against INR 927.4 million for the quarter ended December 30, 2015. Profit from ordinary activities before tax was INR 796.2 million against INR 456.8 million for the quarter ended December 30, 2015. Net profit from ordinary activities after tax was INR 580.8 million against INR 201.3 million for the quarter ended December 30, 2015. Basic and diluted earnings per share before and after extraordinary items were INR 4.22 against INR 1.46 for the quarter ended December 30, 2015. For the year, on standalone basis, the company reported net sales (net of excise duty) of INR 60,505.8 million compared to INR 89,355.4 million for the quarter ended December 30, 2015. Total income from operations (net) was INR 61,058.6 million against INR 90,062.6 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 4,792.2 million against INR 8,664.0 million a year ago. Profit from ordinary activities before tax was INR 2,522.5 million against INR 6,414.4 million a year ago. Net profit from ordinary activities after tax was INR 1,529.5 million against INR 4,435.8 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 11.11 against INR 32.22 a year ago. For the year, on consolidated basis, the company reported net sales (net of excise duty) of INR 60,505.8 million compared to INR 89,355.4 million for the quarter ended December 30, 2015. Total income from operations (net) was INR 61,058.6 million against INR 90,062.6 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 4,792.2 million against INR 8,664.0 million a year ago. Profit from ordinary activities before tax was INR 2,522.5 million against INR 6,414.4 million a year ago. Net profit from ordinary activities after tax was INR 1,529.5 million against INR 4,435.8 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 11.32 against INR 32.43 a year ago.