Gretex Industries Limited announced audited standalone earnings results for the year ended March 31, 2017. For the year, the company reported revenue from operations of INR 23,819,562 compared to INR 37,192,698 a year ago. Total revenue was INR 24,548,850 compared to INR 37,571,650 a year ago. Loss before depreciation, interest & taxation was INR 4,335,359 compared to profit before depreciation, interest & taxation of INR 3,813,083 a year ago. Loss before tax was INR 19,452,701 compared to profit before tax of INR 3,813,083 a year ago. Loss for the period was INR 14,702,773 or INR 4.02 per basic and diluted share compared to profit for the period of INR 2,429,473 or INR 0.95 per basic and diluted share a year ago. Net cash used in operating activities was INR 21,535,853 compared to net cash from operating activities of INR 448,607 a year ago.