Valley Magnesite Company Limited announced audited standalone earnings results for the fourth quarter and full year ended March 31, 2018. For the quarter, the company announced total income of INR 5.335 million compared to INR 0.179 million a year ago. Profit from ordinary activities before tax was INR 4.970 million compared to loss of INR 0.285 million a year ago. Net profit for the period was INR 5.847 million or INR 5.56 per basic and diluted share compared to loss of INR 0.526 million or INR 0.50 per basic and diluted share for before and after extraordinary items a year ago. For the year, the company announced total income of INR 5.682 million compared to INR 7.644 million a year ago. Profit from ordinary activities before tax was INR 3.990 million compared to INR 5.932 million a year ago. Net profit for the period was INR 4.867 million or INR 4.63 per basic and diluted share compared INR 5.691 million or INR 5.42 per basic and diluted share a year ago.