Oricon Enterprises Limited announced unaudited standalone and consolidated financial results for the fourth quarter and year ended March 31, 2016. For the quarter, on standalone basis, the company reported net sales/income from operations (net of excise) of INR 114.733 million against INR 166.786 a year ago. Loss from operations before other income, finance costs and exceptional items was INR 12.709 million against INR 13.796 million a year ago. Profit from ordinary activities before tax was INR 77.251 million against INR 14.191 million a year ago. Net profit for the period was INR 75.728 million or INR 0.48 per basic and diluted share before and after extraordinary items against INR 8.692 million or INR 0.03 per basic and diluted share before and after extraordinary items a year ago. For the year, on standalone basis, the company reported net sales/income from operations (net of excise) of INR 614.701 million against INR 645.760 a year ago. Loss from operations before other income, finance costs and exceptional items was INR 36.631 million against INR 52.828 million a year ago. Profit from ordinary activities before tax was INR 162.555 million against INR 83.773 million a year ago. Net profit for the period was INR 158.191 million or INR 1.01 per diluted share before and after extraordinary items against INR 66.429 million or INR 0.42 per diluted share before and after extraordinary items a year ago. For the quarter, on consolidated basis, the company reported total income from operations (net) of INR 2,719.080 million against INR 2,338.974 a year ago. Loss from operations before other income, finance costs and exceptional items was INR 36.220 million against INR 59.406 million a year ago. Loss from ordinary activities before tax was INR 26.233 million against profit of INR 669.328 million a year ago. Net loss for the period was INR 27.219 million or INR 0.15 per basic and diluted share before and after extraordinary items against net profit of INR 443.749 million or INR 1.41 per basic and diluted share before and after extraordinary items a year ago. For the year, on consolidated basis, the company reported total income from operations (net) of INR 11,689.290 million against INR 10,477.613 a year ago. Loss from operations before other income, finance costs and exceptional items was INR 400.653 million against INR 537.193 million a year ago. Loss from ordinary activities before tax was INR 488.904 million against INR 1,285.055 million a year ago. Net profit for the period was INR 324.235 million or INR 1.19 per basic and diluted share before and after extraordinary items against INR 848.632 million or INR 2.75 per diluted share before and after extraordinary items a year ago.