Vimal Oil & Foods Limited reported audited standalone earnings results for the fourth quarter and consolidated and standalone earnings results for the year ended March 31, 2016. For the quarter, on standalone basis, the company reported net sales of INR 3,572.190 million against INR 9,376.044 million a year ago. Loss from operations before other income, finance cost and exceptional items was INR 397.394 million against profit from operations before other income, finance cost and exceptional items of INR 229.510 million a year ago. Loss from ordinary activities before tax was INR 474.342 million against profit from ordinary activities before tax of INR 16.803 million a year ago. Net loss for the period was INR 460.414 million against net profit for the period of INR 1.651 million a year ago. Basic and diluted loss per share before and after extraordinary items was INR 30.65 against basic and diluted earnings per share before and after extraordinary items of INR 0.11 a year ago. For the year, on standalone basis, the company reported net sales of INR 17,198.909 million against INR 30,297.344 million a year ago. Loss from operations before other income, finance cost and exceptional items was INR 1,934.652 million against profit from operations before other income, finance cost and exceptional items of INR 890.623 million a year ago. Loss from ordinary activities before tax was INR 2,452.392 million against profit from ordinary activities before tax of INR 255.268 million a year ago. Net loss for the period was INR 2,438.464 million against net profit for the period of INR 180.500 million a year ago. Basic and diluted loss per share before and after extraordinary items was INR 162.35 against basic and diluted earnings per share before and after extraordinary items of INR 12.02 a year ago. For the year, on consolidated basis, the company reported net sales of INR 17,589.963 million against INR 31,801.219 million a year ago. Loss from operations before other income, finance cost and exceptional items was INR 1,915.808 million against profit from operations before other income, finance cost and exceptional items of INR 954.459 million a year ago. Loss from ordinary activities before tax was INR 2,445.358 million against profit from ordinary activities before tax of INR 277.573 million a year ago. Net loss for the period was INR 2,431.603 million against net profit for the period of INR 193.465 million a year ago. Basic and diluted loss per share before and after extraordinary items was INR 161.89 against basic and diluted earnings per share before and after extraordinary items of INR 12.57 a year ago.