National Plywood Industries Ltd. announced audited standalone earnings results for the fourth quarter and year ended March 31, 2017. For the quarter, the company reported net sales/income of INR 118.475 million against INR 202.016 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 8.294 million against profit of INR 3.786 million a year ago. Profit from ordinary activities before tax was INR 37.522 million against INR 21.299 million a year ago. Net profit was INR 37.522 million or INR 6.41 per basic and diluted share before and after extraordinary items against INR 21.299 million or INR 3.64 per basic and diluted share before and after extraordinary items a year ago. For the year, the company reported net sales/income of INR 437.829 million against INR 527.716 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 45.967 million against profit of INR 2.651 million a year ago. Profit from ordinary activities before tax was INR 2.307 million against INR 19.602 million a year ago. Net profit was INR 2.307 million or INR 0.39 per basic and diluted share before and after extraordinary items against INR 19.602 million or INR 3.35 per basic and diluted share before and after extraordinary items a year ago.