Usher Agro Ltd. announced audited standalone earnings results for the quarter and year ended March 31, 2016 and consolidated earnings results for the year ended March 31, 2016. For the quarter, on standalone basis, net sales/income from operations of INR 3,078.546 against INR 4,228.25 for the nine months ended March 31, 2015. Loss from ordinary activities before finance cost & exceptional items was INR 2,976.973 million compared with profit from ordinary activities before finance cost & exceptional items of INR 376.051 million for the nine months ended March 31, 2015. Profit from ordinary activities before tax was INR 3,293.171 million compared with loss from ordinary activities before tax of INR 66.604 million for the nine months ended March 31, 2015. Net loss for the period was INR 3,221.228 million or INR 84.64 per basic and diluted share before and after extraordinary items compared with net profit of INR 31.274 million or INR 0.82 per basic and diluted share before and after extraordinary items for the nine months ended March 31, 2015. For the year ended, on standalone basis, net sales/income from operations of INR 15,753.684 against INR 12,745.048 for the nine months ended March 31, 2015. Profit from ordinary activities before finance cost & exceptional items was INR 1,803.543 million compared with loss from ordinary activities before finance cost & exceptional items of INR 1,355.777 million for the nine months ended March 31, 2015. Loss from ordinary activities before tax was INR 2,984.955 million compared with profit from ordinary activities before tax of INR 541.726 million for the nine months ended March 31, 2015. Net loss for the period was INR 2,991.375 million or INR 78.60 per basic and diluted share before and after extraordinary items compared with net profit of INR 418.498 million or INR 11.00 per basic and diluted share before and after extraordinary items for the nine months ended March 31, 2015. For the year ended, on consolidated basis, net sales/income from operations of INR 16,061.254 against INR 13,126.694 for the nine months ended March 31, 2015. Loss from ordinary activities before finance cost & exceptional items was INR 1,733.396 million compared with profit from ordinary activities before finance cost & exceptional items of INR 1,362.398 million for the nine months ended March 31, 2015. Loss from ordinary activities before tax was INR 2,995.029 million compared with profit from ordinary activities before tax of INR 476.768 million for the nine months ended March 31, 2015. Net loss for the period was INR 2,978.825 million or INR 78.22 per basic and diluted share before and after extraordinary items compared with net profit of INR 385.836 million or INR 10.76 per basic and diluted share before and after extraordinary items for the nine months ended March 31, 2015.