Octal Credit Capital Limited announced audited standalone and consolidated earnings results for the quarter and year ended on March 31, 2017. For the quarter, on standalone basis, the company’s total income from operations was INR 0.329 million compared to INR 0.77 million a year ago. Loss from operation before other income, finance costs and exceptional items was INR 0.14 million as compared to profit from operation before other income, finance costs and exceptional items INR 0.089 million a year ago. Loss from ordinary activities before tax was INR 0.13 million as compared to INR 0.92 million a year ago. Net loss was INR 0.14 million as compared to INR 0.91 million a year ago. Basic and diluted loss per share before and after extraordinary item was INR 0.03 as compared to INR 0.18 a year ago. For the year, on standalone basis, the company’s total income from operations was INR 2.42 million compared to INR 3.51 million a year ago. Loss from operation before other income, finance costs and exceptional items was INR 0.83 million as compared to profit from operation before other income, finance costs and exceptional items INR 1.82 million a year ago. Loss from ordinary activities before tax was INR 0.74 million as compared to profit from ordinary activities before tax INR 0.88 million a year ago. Net loss was INR 0.75 million as compared to net profit INR 0.89 million a year ago. Basic and diluted loss per share before and after extraordinary item was INR 0.15 as compared to basic and diluted earnings per share before and after extraordinary item INR 0.18 a year ago. For the year, on consolidated basis, the company’s total income from operations was 2.42 million compared to INR 3.51 million a year ago. Loss from operation before other income, finance costs and exceptional items was INR 0.83 million as compared to profit from operation before other income, finance costs and exceptional items INR 1.82 million a year ago. Loss from ordinary activities before tax was INR 0.74 million as compared to profit from ordinary activities before tax INR 0.88 million a year ago. Net loss was INR 0.75 million as compared to net profit INR 0.89 million a year ago. Basic and diluted loss per share before and after extraordinary item was INR 0.10 as compared to basic and diluted earnings per share before and after extraordinary item INR 0.21 a year ago.