IITL Projects Limited announced 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 announced net sales or income from operations of INR 2.810 million compared to INR 49.626 million a year ago. Loss from operations before other income, finance costs and exceptional items were INR 9.9479 million compared to profit from operations before other income, finance costs and exceptional items of INR 52.169 million a year ago. Loss from ordinary activities before tax was INR 23.507 million compared to profit from ordinary activities before tax of INR 51.739 million a year ago. Net loss was INR 23.466 million or INR 5.20 per basic and diluted share after extraordinary items compared to net profit of INR 47.541 million or INR 9.02 per basic and diluted share after extraordinary items a year ago. For the full year, on standalone basis, the company announced net sales or income from operations of INR 22.888 million compared to INR 192.796 million a year ago. Loss from operations before other income, finance costs and exceptional items were INR 44.942 million compared to profit from operations before other income, finance costs and exceptional items of INR 48.548 million a year ago. Loss from ordinary activities before tax was INR 86.760 million compared to profit from ordinary activities before tax of INR 51.273 million a year ago. Net loss was INR 86.621 million or INR 19.38 per basic and diluted share after extraordinary items compared to net profit of INR 45.363 million or INR 7.06 per basic and diluted share after extraordinary items a year ago. For the full year, on consolidated basis, the company announced net sales or income from operations of INR 1,315.942 million. Loss from operations before other income, finance costs and exceptional items were INR 31.165 million. Loss from ordinary activities before tax was INR 83.948 million. Net loss was INR 85.786 million or INR 19.18 per basic and diluted share after extraordinary items.