Mount Shivalik Industries Limited reported audited standalone earnings results for the fourth quarter and year ended March 31, 2017. For the quarter, the company reported total income from operations (net) of INR 16.601 million compared to INR 22.669 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 12.821 million compared to INR 36.943 million a year ago. Loss from ordinary activities before tax was INR 29.883 million compared to INR 53.482 million a year ago. Net loss for the period was INR 29.883 million or INR 4.94 per basic and diluted share compared to INR 39.694 million or INR 6.56 per basic and diluted share a year ago. For the year, the company reported total income from operations (net) of INR 52.977 million compared to INR 67.162 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 59.157 million compared to INR 86.237 million a year ago. Loss from ordinary activities before tax was INR 126.421 million compared to INR 133.183 million a year ago. Net loss for the period was INR 108.711 million or INR 17.98 per basic and diluted share compared to INR 86.559 million or INR 14.32 per basic and diluted share a year ago.