Global Land Masters Corporation Ltd. reported audited standalone earnings results for the fourth quarter and year ended March 31, 2015. For the quarter, on standalone basis, the company reported loss from operations before other income, finance costs and exceptional items of INR 0.714 million compared to INR 2.023 million a year ago. Profit from ordinary activities before tax was INR 39.908 million compared to loss from ordinary activities before tax of INR 2.023 million a year ago. Net profit for the period was INR 39.908 million or INR 7.87 per basic and diluted before and after extraordinary items compared to net loss for the period of INR 2.023 million or INR 0.40 per basic and diluted after extraordinary items a year ago.

For the year, on standalone basis, the company reported loss from operations before other income, finance costs and exceptional items of INR 1.990 million compared to INR 2.681 million a year ago. Loss from ordinary activities before tax was INR 42.250 million compared to INR 2.688 million a year ago. Net loss for the period was INR 42.250 million or INR 8.33 per basic and diluted before and after extraordinary items compared to net loss of INR 2.688 million or INR 0.53 per basic and diluted after extraordinary items a year ago.