GSL Nova Petrochemicals Limited reported audited standalone earnings results for the fourth quarter and year ended March 31, 2017. For the quarter, the company reported net sales/income from operations (net of excise duty) of INR 32.849 million against INR 69.560 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 28.570 million against profit from operations before other income, finance costs and exceptional items of INR 3.349 million a year ago. Loss from ordinary activities before tax was INR 32.253 million against profit from ordinary activities before tax of INR 83.143 million a year ago. Net loss for the period was INR 32.253 million or INR 1.19 per basic and diluted share against net profit for the period of INR 83.143 million or INR 3.08 per basic and diluted share a year ago. For the year, the company reported net sales/income from operations (net of excise duty) was INR 153.372 million against INR 85.885 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 12.450 million against profit from operations before other income, finance costs and exceptional items of INR 9.340 million a year ago. Loss from ordinary activities before tax was INR 54.986 million against profit from ordinary activities before tax of INR 23.785 million a year ago. Net loss for the period was INR 54.986 million or INR 2.04 per basic and diluted share against net profit for the period of INR 23.785 million or INR 0.88 per basic and diluted share a year ago.