Cosboard Industries Ltd. reported standalone unaudited earnings results for the fourth quarter and audited results for the year ended March 31, 2016. For the quarter, the company reported net sales/income from operations (net of excise duty) of INR 163.859 million against INR 82.338 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 21.878 million against INR 9.597 million a year ago. Profit from ordinary activities before tax was INR 6.824 million against INR 15.206 million a year ago. Net profit for the period was INR 5.671 million against INR 14.957 million a year ago. Basic and diluted earnings per share before and after extraordinary items not annualized were INR 1.32 against INR 3.48 a year ago. For the year, the company reported net sales/income from operations (net of excise duty) of INR 627.804 million against INR 415.108 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 66.281 million against INR 36.085 million a year ago. Profit from ordinary activities before tax was INR 18.716 million against INR 23.206 million a year ago. Net profit for the period was INR 17.563 million against INR 22.957 million a year ago. Basic and diluted earnings per share before and after extraordinary items not annualized were INR 4.09 against INR 5.35 a year ago.