HB Portfolio Limited reported audited standalone earnings results for the fourth quarter and full year and consolidated earnings results for the full year ended March 31, 2016. For the quarter, on standalone basis the company reported income from operations was INR 4.493 million against INR 3.041 million a year ago. Loss from operation before Other Income, Interest & Exceptional Items was INR 0.294 million against INR 0.262 million for the same period a year ago. Loss from ordinary activities before tax was INR 0.486 million against INR 2.876 million a year ago. Net loss was INR 1.387 million or INR 0.12 per basic and diluted share before and after extra ordinary items against INR 3.363 million or INR 0.28 per basic and diluted share before and after extra ordinary items last year. For the year, on standalone basis the company reported income from operations of INR 18.277 million against INR 27.501 million for the same period a year ago. Profit from operations before other income, finance costs and exceptional items was INR 2.228 million against INR 14.238 million a year ago. Profit from ordinary activities before tax was INR 1.988 million against INR 11.524 million a year ago. Net profit was INR 64.569 million or INR 0.05 per basic and diluted share before and after extra ordinary items against INR 8.057 million or INR 0.67 per basic and diluted share before and after extra ordinary items last year. For the year, on consolidated basis the company reported income from operations of INR 20.492 million against INR 28.000 million for the same period a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1.282 million against INR 10.905 million a year ago. Profit from ordinary activities before tax was INR 0.189 million against INR 7.019 million a year ago. Net profit was INR 64.569 million or INR 5.28 per basic and diluted share before and after extra ordinary items against net loss of INR 43.098 million or INR 3.69 per basic and diluted share before and after extra ordinary items last year.