Octal Credit Capital Limited announced audited standalone earnings results for the fourth quarter and standalone and consolidated earnings results for the year ended March 31, 2016. For the quarter, on standalone basis, the company reported net sales/income from operations of INR 0.770 million against INR 1.551 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 0.089 million against loss of INR 3.117 a year ago. Loss before tax was INR 0.922 million against INR 0.600 million a year ago. Net loss was INR 0.917 million against INR 0.522 million a year ago. Basic and diluted loss per share before and after extraordinary items was INR 0.18 against INR 0.10 a year ago. For the year, on standalone basis, the company reported net sales/income from operations of INR 3.519 million against INR 3.963 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1.826 million against loss of INR 2.524 million a year ago. Profit before tax was INR 0.888 million against INR 0.090 million a year ago. Net profit was INR 0.893 million against INR 0.168 million a year ago. Basic and diluted earnings per share before and after extraordinary items were INR 0.18 against INR 0.03 a year ago. For the year, on consolidated basis, the company reported net sales/income from operations of INR 3.519 million, profit from operations before other income, finance costs and exceptional items of INR 1.826 million, profit before tax of INR 2.169 million, net profit of INR 2.174 million and basic and diluted earnings per share before and after extraordinary items of INR 0.43.