Kovalam Investment and Trading Company Limited announced audited standalone financial results for the fourth quarter and year ended March 31, 2020. For the quarter, the company reported total income from operations of INR 7.108 million against INR 14.749 million for the same period a year ago. Loss after tax was INR 14.109 million against profit after tax of INR 6.594 million for the same period a year ago. Basic and diluted LPS before extraordinary items was INR 6.34 against EPS of INR 2.96 for the same period a year ago. For the year, the company reported total income from operations of INR 5.489 million against INR 16.869 million for the same period a year ago. Loss after tax was INR 17.903 million against profit after tax of INR 3.115 million for the same period a year ago. Basic and diluted LPS before extraordinary items was INR 8.05 against EPS of INR 1.40 for the same period a year ago.