Oriental Veneer Products Ltd. reported audited standalone earnings results for the fourth quarter and audited standalone and consolidated earnings results for the year ended March 31, 2016. For the quarter, on standalone basis, net sales/income from operations (net of excise duty) was INR 201.903 million against INR 190.676 million last year. Profit from operations before other income, finance costs and exceptional items was INR 6.812 million against INR 33.859 million last year. Profit from ordinary activities before tax was INR 9.644 million against INR 26.355 million last year. Net profit was INR 5.581 million or INR 1.04 per basic and diluted share before and after extraordinary items against INR 16.786 million or INR 3.11 per basic and diluted share before and after extraordinary items last year. For the year, on standalone basis, net sales/income from operations (net of excise duty) was INR 810.811 million against INR 773.677 million last year. Profit from operations before other income, finance costs and exceptional items was INR 53.604 million against INR 57.863 million last year. Profit from ordinary activities before tax was INR 63.974 million against INR 47.030 million last year. Net profit was INR 41.374 million or INR 7.68 per basic and diluted share before and after extraordinary items against INR 31.600 million or INR 5.86 per basic and diluted share before and after extraordinary items last year. For the year, on consolidated basis, net sales/income from operations (net of excise duty) was INR 810.811 million against INR 773.677 million last year. Profit from operations before other income, finance costs and exceptional items was INR 58.404 million against INR 57.699 million last year. Profit from ordinary activities before tax was INR 64.616 million against INR 46.853 million last year. Net profit was INR 32.714 million or INR 6.07 per basic and diluted share before and after extraordinary items against INR 31.337 million or INR 5.81 per basic and diluted share before and after extraordinary items last year.