Hindoostan Mills Ltd. reported audited earnings results for the fourth quarter and full year ended March 31, 2016. For the quarter, the company reported net sales/income from operation (net of excise duty) of INR 399.8 million compared to INR 415.1 million a year ago. Loss from operations before other income finance costs and exceptional items was INR 21.9 million compared to INR 15.4 million a year ago. Loss from ordinary activities before tax was INR 13.3 million compared to INR 19.6 million a year ago. Net loss after tax for the period was INR 12.2 million compared to INR 19.6 million a year ago. Basic and diluted loss per shares was INR 7.33 compared to INR 11.78 a year ago. For the year, the company reported net sales/income from operation (net of excise duty) of INR 1,560.4 million compared to INR 1,511.1 million a year ago. Loss from operations before other income finance costs and exceptional items was INR 44.5 million compared to INR 64.6 million a year ago. Loss from ordinary activities before tax was INR 20.6 million compared to INR 68.9 million a year ago. Net loss after tax for the period was INR 22.5 million compared to INR 68.9 million a year ago. Basic and diluted loss per shares was INR 13.54 compared to INR 41.37 a year ago.