Stewarts & Lloyds Of India Ltd. reported audited standalone earnings results for the fourth quarter and full year ended March 31, 2016. For the quarter, the company reported net sales of INR 12.0 million compared to INR 33.7 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 274.3 million compared to INR 7.9 million a year ago. Loss from ordinary activities before tax was INR 258.6 million compared to INR 1.7 million a year ago. Loss from ordinary activities after tax and loss for the period was INR 258.6 million compared to INR 1.7 million a year ago. Basic and diluted loss per share was INR 86.20 compared to INR 0.57 a year ago.

For the year, the company reported net sales of INR 40.2 million compared to INR 130.4 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 314.9 million compared to INR 33.3 million a year ago. Loss from ordinary activities before tax was INR 295.1 million compared to INR 9.2 million a year ago. Loss from ordinary activities after tax and loss for the period was INR 303.1 million compared to INR 9.2 million a year ago. Basic and diluted loss per share was INR 101.02 compared to INR 3.08 a year ago.