Vax Housing Finance Corporation Ltd. announced audited standalone earnings results for the fourth quarter and year ended March 31, 2017. For the quarter, the company's total income from operations (net) was INR 0.1 million compared with INR 1.4 million a year ago. Profit from operations before other income, finance cost and exceptional items were INR 0.06 million compared with INR 0.05 million a year ago. Profit from ordinary activities before tax was INR 0.06 million compared with INR 0.05 million a year ago. Net profit was INR 0.03 million or INR 0.030 per basic and diluted share compared with INR 0.06 million or INR 0.010 per basic and diluted share a year ago. For the year, the company's total income from operations (net) was INR 0.41 million compared with INR 5.3 million a year ago. Loss from operations before other income, finance cost and exceptional items was INR 0.02 million compared with profit of INR 0.47 million a year ago. Loss from ordinary activities before tax was INR 0.02 million compared with profit of INR 0.47 million a year ago. Net loss was INR 0.06 million or INR 0.040 per basic and diluted share compared with profit of INR 0.43 million or INR 0.047 per basic and diluted share a year ago.