Rainbow Paper Ltd. reported audited standalone earnings results for the fourth quarter and year ended March 31, 2017. For the quarter, on standalone basis the company's net sales/income from operations (net of excise duty and VAT) negative was INR 0.085 million compared to net sales/income from operations (net of excise duty and VAT) of INR 6.049 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 6.155 million compared to INR 20.473 million a year ago. Loss from ordinary activities before tax was INR 5.461 million compared to INR 29.794 million a year ago. Net loss was INR 5.461 million compared to INR 34.992 million a year ago. Basic and diluted loss per share was INR 5.14 compared to INR 32.95 a year ago. For the year, on standalone basis the company's net sales/income from operations (net of excise duty and VAT) was INR 4.936 million compared to INR 34.625 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 16.319 million compared to INR 32.428 million a year ago. Profit from ordinary activities before tax was INR 16.946 million compared to INR 46.759 million a year ago. Net loss was INR 16.946 million compared to INR 51.958 million a year ago. Basic and diluted loss per share was INR 15.95 compared to INR 48.92 a year ago.