Karuturi Global Limited reported audited standalone and consolidated financial results for the fourth quarter and year ended March 31, 2017. For the quarter, on standalone basis, net revenue from operations was INR 24.5 million against INR 48.4 million a year ago. Loss from operations before other income, finance costs, exceptional items and tax was INR 6.4 million against INR 3.0 million a year ago. Profit before tax was INR 62.2 million against loss of INR 29.3 million a year ago. Net profit for the period after tax was INR 91.2 against loss of INR 37.901 million a year ago. Earnings per share on diluted basis were INR 0.061 against loss per share on INR 0.026 a year ago. For the year, on standalone basis, net revenue from operations was INR 101.6 million against INR 142.63 million a year ago. Loss from operations before other income, finance costs, exceptional items and tax was INR 16.9 million against INR 10.6 million a year ago. Loss before tax was INR 27.743 million against INR 119.3 million a year ago. Net profit for the period after tax was INR 10.7 against loss of INR 128.03 million a year ago. Earnings per share on diluted basis were INR 0.007 against loss per share on INR 0.0126 a year ago. For the quarter, on consolidated basis, net revenue from operations was INR 727.23 million against INR 1,437.95 million a year ago. Loss from operations before other income, finance costs, exceptional items and tax was INR 183.3 million against profit of INR 256.9 million a year ago. Profit before tax was INR 521.9 million against INR 1,352.32 million a year ago. Net profit for the period after tax was INR 543.4 against INR 1,342.9 million a year ago. Earnings per share on diluted basis were INR 0.362 against INR 0.140 a year ago. For the year, on consolidated basis, net revenue from operations was INR 2,261.3 million against INR 3,303.4 million a year ago. Profit from operations before other income, finance costs, exceptional items and tax was INR 81.1 million against INR 622.953 million a year ago. Profit before tax was INR 874.8 million against INR 1,504.5 million a year ago. Net profit for the period after tax was INR 905.74 against INR 1,493.3 million a year ago. Earnings per share on diluted basis were INR 0.605 against INR 0.996 a year ago.