Surana Corporation Ltd. reported audited standalone earnings results for the fourth quarter and year ended March 31, 2016. For the quarter, the company reported net sales were INR 5,579.8 million against INR 3,748.3 million a year ago. Profit from operations before other income, finance costs and exceptional items and prior period items was INR 572.5 million against loss of INR 9.388 million a year ago. Loss from ordinary activities before tax was INR 144.5 million against INR 1,517.6 million a year ago. Net loss for the period was INR 181.4 million or INR 7.45 basic and diluted per share against INR 1,571.6 million or INR 6.452 basic and diluted per share a year ago. For the year, the company reported net sales were INR 11,926.4 million against INR 11,110.4 million a year ago. Loss from operations before other income, finance costs and exceptional items and prior period items was INR 1,298.9 million against INR 1,250.3 million a year ago. Loss from ordinary activities before tax was INR 3,202.2 million against INR 2,911.2 million a year ago. Net loss for the period was INR 2,996.5 million or INR 123.01 basic and diluted per share against INR 2,870.6 million or INR 117.84 basic and diluted per share a year ago.