PSL Ltd. announced audited standalone earnings results for the fourth quarter and full year and audited consolidated earnings results for the full year ended March 31, 2017. For the quarter, the standalone company reported net sales of INR 54 million against INR 64.9 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 4,273.1 million against INR 10,533.3 million a year ago. Loss from ordinary activities before tax was INR 4,273.1 million against INR 10,533.3 million a year ago. Net loss was INR 5,576.5 million against INR 10,533.3 million a year ago. Diluted loss per share before and after extraordinary items were INR 44.64 against INR 106.47 a year ago. For the year, the standalone company reported net sales of INR 137.2 million against INR 733.4 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 5,670.2 million against INR 13,560.1 million a year ago. Loss from ordinary activities before tax was INR 5,670.2 million against INR 13,560.1 million a year ago. Net loss was INR 6,973.6 million against INR 13,560.1 million a year ago. Diluted loss per share before and after extraordinary items were INR 55.82 against INR 137.05 a year ago. For the year, the consolidated company reported net sales of INR 1,091.7 million against INR 2,477.2 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 6,220.3 million against INR 13,688.3 million a year ago. Loss from ordinary activities before tax was INR 6,220.3 million against INR 14,229.1 million a year ago. Net loss was INR 7,526 million against INR 14,231.3 million a year ago. Diluted loss per share before and after extraordinary items were INR 60.24 against INR 143.84 a year ago.