Pradip Overseas Limited reported audited standalone earnings results for the fourth quarter and full year ended March 31, 2017. For the quarter, the company reported net sales/income from operations (net of excise duty) was of INR 405.561 million compared to INR 696.730 million a year ago. Loss from operations before other income, finance costs and exceptional items were of INR 2,645.992 million compared to INR 2,833.873 million a year ago. Loss from ordinary activities before tax was of INR 2,662.415 million compared to INR 1,993.482 million a year ago. Net loss was INR 1,891.368 million compare to INR 1,057.567 million a year ago. For the full year, the company reported net sales/income from operations (net of excise duty) was of INR 1,598.391 million compared to INR 2,376.814 million a year ago. Loss from operations before other income, finance costs and exceptional items were of INR 2,715.141 million compared to INR 4,167.019 million a year ago. Loss from ordinary activities before tax was of INR 2,789.640 million compared to INR 4,101.001 million a year ago. Net loss was INR 1,979.329 against INR 2,809.761 million a year ago. Loss per basic and diluted share before and after extraordinary items was INR 40.86 compared to INR 58.00 a year ago.