Axon Ventures Limited announced audited standalone earnings results for the fourth quarter and full year ended March 31, 2016. For the quarter, on standalone basis, the company's net sales/revenue from operations of INR 40.0207 million compared with INR 21.664 million a year ago. Profit from operations before other income, interest and exceptional items was INR 4.4472 million compared to loss from operations before other income, interest and exceptional items of INR 2.648 million a year ago. Profit from ordinary activities before tax was INR 4.4576 million compared with loss from ordinary activities before tax of INR 2.648 million a year ago. Net profit from continuing operations was INR 4.6165 million or INR 0.605 per basic and diluted share compared with loss for the period from continuing operations of INR 2.648 million or INR 0.347 per basic and diluted share a year ago. For the year, on standalone basis, the company's net sales/revenue from operations of INR 48.8247 million compared with INR 37.884 million a year ago. Loss from operations before other income, interest and exceptional items was INR 0.0807 million compared to INR 0.3862 million a year ago. Loss from ordinary activities before tax was INR 0.0676 million compared with INR 0.3862 million a year ago. Net loss from continuing operations was INR 0.0696 million or INR 0.009 per basic and diluted share compared with INR 0.3862 million or INR 0.051 per basic and diluted share a year ago.