Uttam Value Steels Limited reported audited standalone earnings results for the fourth quarter and full year and audited consolidated earnings results for the full year ended march 31, 2017. For the quarter, on standalone basis, the company reported net sales/income from operation was INR 7,448.5 million against INR 10,688.2 million a year ago. Loss from operation before other income, finance cost and exceptional item was INR 508.5 million against INR 1,490.7 million a year ago. Loss from ordinary activities before tax was INR 2,056.4 million against INR 2,121.1 million a year ago. Net loss was INR 2,056.4 million or INR 0.48 per basic and diluted share against INR 2,121.1 million or INR 0.32 per basic and diluted share a year ago. For the year, net sales/income from operation was INR 35,116.3 million against INR 37,429.0 million a year ago. Loss from operation before other income, finance cost and exceptional item was INR 1,837.9 million against INR 2,973.1 million a year ago. Loss from ordinary activities before tax was INR 5,092.4 million against INR 5,201.4 million a year ago. Net loss was INR 5,092.4 million or INR 0.94 per basic and diluted share against INR 5,201.4 million or INR 0.79 per basic and diluted share a year ago. For the year, on consolidated basis, the company reported net sales/income from operation was INR 35,116.3 million against INR 37,429.0 million a year ago. Loss from operation before other income, finance cost and exceptional item was INR 1,837.9 million against INR 2,973.1 million a year ago. Loss from ordinary activities before tax was INR 5,092.4 million against INR 5,201.4 million a year ago. Net loss was INR 5,092.4 million or INR 0.94 per basic and diluted share against INR 5,201.4 million or INR 0.79 per basic and diluted share a year ago.