Indowind Energy Limited announced audited consolidated and standalone earnings results for the fourth quarter and full year ended March 31, 2015. For the quarter on standalone basis, the company reported net sales or income from operations of INR 16.295 million against INR 7.522 million a year ago. Loss from operations before other income, finance costs, exceptional items and prior period items was INR 13.704 million against INR 22.932 million a year ago. Profit from ordinary activities before tax was INR 0.158 million against loss from ordinary activities before tax and prior period items of INR 16.041 million a year ago. Net loss for the period was INR 2.628 million against INR 18.050 million a year ago. Loss per basic and diluted share was INR 0.03 against INR 0.20 a year ago.

For the full year on standalone basis, the company reported net sales or income from operations of INR 189.933 million against INR 219.855 million a year ago. Profit from operations before other income, finance costs, exceptional items and prior period items was INR 14.006 million against INR 30.589 million a year ago. Profit from ordinary activities before tax was INR 4.995 million against INR 2.974 million a year ago. Net profit for the period was INR 2.209 million against INR 0.965 million a year ago. Earnings per basic and diluted share was INR 0.02 against 0.01 a year ago.

For the quarter on consolidated basis, net sales or income from operations of INR 20.304 million against INR 29.943 million a year ago. Loss from operations before other income, finance costs, exceptional items and prior period items was INR 13.444 million against INR 2.978 million a year ago. Profit from ordinary activities before tax was INR 0.462 million against INR 1.166 million a year ago. Net loss for the period was INR 2.356 million against net income INR 1.844 million a year ago. Loss per basic and diluted share was INR 0.03 against net earnings per basic and diluted share of INR 0.01 a year ago.

For the full year on consolidated basis, net sales or income from operations of INR 220.435 million against INR 252.776 million a year ago. Profit from operations before other income, finance costs, exceptional items and prior period items was INR 14.112 million against INR 30.731 million a year ago. Profit from ordinary activities before tax was INR 5.101 million against INR 3.116 million a year ago. Net profit for the period was INR 3.748 million against INR 1.047 million a year ago. Earnings per basic and diluted share was INR 0.04 against 0.01 a year ago.