Lakshmi Precision Screws announced audited standalone financial results for the fourth quarter and standalone and consolidated financial results for the year ended March 31, 2017. On standalone basis, for the quarter, the company reported total income from operations of INR 967.124 million, profit from operations before exceptional items of INR 62.152 million, profit from ordinary activities before tax of INR 50.039 million, net profit of INR 50.039 million or INR 4.57 basic and diluted per share compared to the total income from operations of INR 715.136 million, loss from operations before exceptional items of INR 194.583 million, profit from ordinary activities before tax of INR 45.828 million, net profit of INR 20.828 million or INR 1.9 basic and diluted per share for the same quarter a year ago. For the year on standalone basis, the company reported total income from operations of INR 3,022.427 million, loss from operations before exceptional items of INR 384.291 million, loss from ordinary activities before tax of INR 409.701 million, net loss of INR 409.701 million or INR 37.44 basic and diluted per share compared to the total income from operations of INR 3,451.059 million, loss from operations before exceptional items of INR 311.087 million, loss from ordinary activities before tax of INR 70.676 million, net loss of INR 95.676 million or INR 8.74 basic and diluted per share for the previous year. On consolidated basis, for the year, the company reported total income from operations of INR 3,022.427 million, loss from operations before exceptional items of INR 383.903 million, loss from ordinary activities before tax of INR 409.314 million, net loss of INR 409.434 million or INR 36.54 basic and diluted per share compared to the total income from operations of INR 4,100.716 million, loss from operations before exceptional items of INR 267.117 million, loss from ordinary activities before tax of INR 288.43 million, net loss of INR 328.143 million or INR 29.52 basic and diluted per share for the same quarter a year ago.