Nicco Corp. Ltd. reported audited standalone earnings results for the fourth quarter and full year ended March 31, 2016. For the quarter, the company reported loss from operations before other income, finance costs and exceptional items of INR 29.5 million, loss from ordinary activities before tax of INR 98.4 million and net loss of INR 122.6 million or INR 0.92 per diluted share after extraordinary items compared to net sales of INR 60.9 million, loss from operations before other income, finance costs and exceptional items of INR 84.7 million, loss from ordinary activities before tax of INR 158.0 million and net loss of INR 158.0 million or INR 1.22 per diluted share after extraordinary items reported in the same period last year. For the year, the company reported net sales of INR 55.7 million, loss from operations before other income, finance costs and exceptional items of INR 139.8 million, loss from ordinary activities before tax of INR 484.5 million and net loss of INR 508.7 million or INR 3.80 per diluted share after extraordinary items compared to net sales of INR 941.8 million, loss from operations before other income, finance costs and exceptional items of INR 196.5 million, loss from ordinary activities before tax of INR 464.5 million and net loss of INR 464.5 million or INR 4.46 per diluted share after extraordinary items reported in the same period last year.