SRS Finance Limited announced audited financial results for the fourth quarter and full year ended Mar. 31, 2016. For the quarter, the company reported profit from operations before other income, finance costs & exceptional items of INR 3.5 million against INR 46 million for the same period of last year. Loss from ordinary activities before tax was INR 31 million against profit of INR 13 million for the same period of last year. Net loss for the period was INR 22 million or INR 0.23 per basic and diluted share against profit of INR 7 million or INR 0.08 per basic and diluted share for the same period of last year. Net sales/income from operations were INR 135 million against INR 443 million for the same period of last year. For the year, the company reported profit from operations before other income, finance costs & exceptional items of INR 179.5 million against INR 243 million for the same period of last year. Profit from ordinary activities before tax was INR 52 million against profit of INR 95 million for the same period of last year. Net profit for the period was INR 33 million or INR 0.34 per basic and diluted share against of INR 64 million or INR 0.65 per basic and diluted share for the same period of last year. Net sales/income from operations were INR 529 million against INR 764 million for the same period of last year.