KOA Tools India Limited reported audited standalone earnings results for the fourth quarter and year ended March 31, 2016. For the quarter, the company reported net sales/income from operations of INR 0.185 million against INR 0.823 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 1.910 million against INR 0.103 million a year ago. Loss from ordinary activities before tax was INR 4.607 million against profit from ordinary activities before tax of INR 4.02 million a year ago. Net loss for the period was INR 4.607 million or INR 0.133 per share basic and diluted against INR 0.402 million or INR 0.012 per share basic and diluted a year ago. For the year, the company reported net sales/income from operations of INR 0.185 million against INR 8.787 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 2.360 million against INR 0.631 million a year ago. Loss from ordinary activities before tax was INR 5.057 million against INR 0.127 million a year ago. Net loss for the period was INR 5.057 million or INR 0.145 per share basic and diluted against INR 0.127 million or INR 0.004 per share basic and diluted a year ago.