Malwa Cotton Spinning Mills Limited announced audited financial results for the quarter and year ended March 31, 2017. For the quarter, the company's total income from operations was INR 19.0 million against INR 111.3 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 146.4 million against INR 38.9 million for the same period last year. Loss from ordinary activities before tax was INR 12.7 million against INR 38.9 million for the same period last year. Net loss for the period was INR 12.7 million against INR 38.9 million for the same period last year. Loss per diluted share before and after extraordinary items, was INR 0.65 against INR 2.35 for the same period last year. For the year, the company's total income from operations was INR 220.7 million against INR 360.3 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 430.4 million against INR 233.5 million for the same period last year. Loss from ordinary activities before tax was INR 295.9 million against INR 233.4 million for the same period last year. Net loss for the period was INR 295.9 million against INR 233.4 million for the same period last year. Loss per diluted share before and after extraordinary items, was INR 12.69 against INR 13.40 for the same period last year.