KOA Tools India Limited reported audited standalone earnings results for the fourth quarter and year ended March 31, 2015. For the quarter, the company reported net sales/income from operations (net of excise duty) of INR 0.823 million against INR 3.058 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 0.103 million against INR 0.139 million a year ago. Profit from ordinary activities before tax was INR 0.402 million against loss from ordinary activities before tax of INR 0.134 million a year ago. Net profit for the period was INR 0.402 million against net loss for the period of INR 0.134 million a year ago.

For the year, the company reported net sales/income from operations (net of excise duty) of INR 8.787 million against INR 13.361 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 0.631 million against INR 0.464 million a year ago. Loss from ordinary activities before tax was INR 0.126 million against profit of INR 0.041 million a year ago. Net loss for the period was INR 0.126 million or INR 0.12 per basic and diluted share against net profit for the period of INR 0.041 million or INR 0.14 per basic and diluted share a year ago.