Nicco Corp. Ltd. announced 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 of INR 60.9 million compared to INR 546.1 million a year ago. Total income from operations was INR 61.1 million compared to INR 555.8 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 84.7 million compared to INR 34 million a year ago. Loss from ordinary activities before tax was INR 158 million compared to INR 124.7 million a year ago. Net loss for the period was INR 158 million compared to INR 124.7 million a year ago. Basic and diluted LPS before and after extraordinary items was INR 1.22 compared to INR 1.03 a year ago.

For the year, the company reported net sales/income from operations of INR 941.8 million compared to INR 2,233.9 million a year ago. Total income from operations was INR 960.5 million compared to INR 2,279.7 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 196.5 million compared to profit from operations before other income, finance costs and exceptional items of INR 22.9 million a year ago. Loss from ordinary activities before tax was INR 464.5 million compared to INR 328.4 million a year ago. Net loss for the period was INR 464.5 million compared to INR 328.4 million a year ago. Diluted LPS before and after extraordinary items was INR 4.46 compared to INR 2.73 a year ago.