Uttam Value Steels Limited reported audited standalone earnings results for the fourth quarter and full year and audited consolidated earnings results for the full year ended March 31, 2016. For the quarter, the parent company reported net sales of INR 106.882 million, loss from operations before other income, finance costs and exceptional items of INR 14.907 million, loss from ordinary activities before tax of INR 21.211 million and net loss after taxes, minority interest and share of loss of associates of INR 21.211 million or INR 0.32 per basic and diluted share (after extraordinary items not annualized) compared to net sales of INR 92.980 million, profit from operations before other income, finance costs and exceptional items of INR 4.448 million, loss from ordinary activities before tax of INR 1.219 million and net loss after taxes, minority interest and share of loss of associates of INR 1.219 million or INR 0.24 per basic and diluted share (after extraordinary items not annualized) reported in the same period last year. For the year, the parent company reported net sales of INR 374.290 million, loss from operations before other income, finance costs and exceptional items of INR 29.731 million, loss from ordinary activities before tax of INR 52.014 million and net loss after taxes, minority interest and share of loss of associates of INR 52.014 million or INR 0.79 per basic and diluted share (after extraordinary items not annualized) compared to net sales of INR 455.963 million, profit from operations before other income, finance costs and exceptional items of INR 16.312 million, loss from ordinary activities before tax of INR 3.398 million and net loss after taxes, minority interest and share of loss of associates of INR 3.398 million or INR 0.26 per basic and diluted share (after extraordinary items not annualized) reported in the same period last year. For the year, the Group reported net sales of INR 374.290 million, loss from operations before other income, finance costs and exceptional items of INR 29.731 million, loss from ordinary activities before tax of INR 52.014 million and net loss after taxes, minority interest and share of loss of associates of INR 52.174 million or INR 0.79 per basic and diluted share (after extraordinary items not annualized) compared to net sales of INR 455.963 million, profit from operations before other income, finance costs and exceptional items of INR 16.312 million, loss from ordinary activities before tax of INR 3.398 million and net loss after taxes, minority interest and share of loss of associates of INR 3.377 million or INR 0.26 per basic and diluted share (after extraordinary items not annualized) reported in the same period last year.