Malwa Cotton Spinning Mills Ltd. announced audited earnings results for the fourth quarter and full year ended March 31, 2016. For the quarter, the company announced net sales/income from operations (net of excise duty) of INR 111.3 million compared to INR 134.8 million a year ago. Loss from operations before other income, finance costs and exceptional items were INR 38.9 million compared to INR 32.0 million a year ago. Loss from ordinary activities before tax was INR 38.9 million compared to INR 23.7 million a year ago. Net loss for the period was INR 38.9 million or INR 2.35 per diluted share for before and after extraordinary items compared to INR 23.7 million or INR 3.31 per diluted share for before and after extraordinary items a year ago. For the full year, the company announced net sales/income from operations (net of excise duty) of INR 360.3 million compared to INR 1,107.0 million a year ago. Loss from operations before other income, finance costs and exceptional items were INR 233.5 million compared to INR 379.3 million a year ago. Loss from ordinary activities before tax was INR 233.4 million compared to INR 368.8 million a year ago. Net loss for the period was INR 233.4 million or INR 13.40 per diluted share for before and after extraordinary items compared to INR 368.8 million or INR 20.32 per diluted share for before and after extraordinary items a year ago.