Alka Diamond Industries Limited announced audited financial results for the fourth quarter and year ended March 31, 2016. For the quarter, the company reported loss from operations before other income, finance costs and exceptional items of INR 0.329 million against INR 0.158 million a year ago. Loss from ordinary activities before tax was INR 0.129 million against profit from ordinary activities before tax of INR 0.210 million a year ago. Net loss for the period was INR 0.129 million or INR 0.03 per basic and diluted share against net profit for the period of INR 0.210 million or INR 0.04 per basic and diluted share a year ago. For the year, the company reported profit from operations before other income, finance costs and exceptional items was INR 1.046 million against INR 0.892 million a year ago. Loss from ordinary activities before tax was INR 0.091 million against loss from ordinary activities before tax of INR 0.014 million a year ago. Net loss for the period was INR 0.091 million or INR 0.02 per basic and diluted share against net loss for the period of INR 0.014 million or INR 0.00 per basic and diluted share a year ago.