Siddhi Vinayak Shipping Corporation Limited reported audited earnings results for the half year and full year ended March 31, 2017. For the half year, the company reported net sales /income from operations (Net of excise duty) was INR 12,386,056 compared to INR 12,845,414 a year ago. Profit from operations before other income finance cost & exceptional items was INR 1,497,955 compared to INR 2,785,129 a year ago. Profit from ordinary activities before tax was INR 445,733 compared to INR 2,348,363 a year ago. Net profit for the period was INR 314,027 or INR 0.05 per basic and diluted share before and after extraordinary items compared to INR 1,289,340 or INR 0.22 per basic and diluted share before and after extraordinary items a year ago. For the full year, the company reported net sales /income from operations (Net of excise duty) was INR 22,621,376 compared to INR 27,739,539 a year ago. Profit from operations before other income finance cost & exceptional items was INR 2,317,759 compared to INR 5,453,588 a year ago. Profit from ordinary activities before tax was INR 733,196 compared to INR 4,359,214 a year ago. Net profit for the period was INR 479,600 million or INR 0.08 per basic and diluted share before and after extraordinary items compared to INR 2,994,120 million or INR 0.52 per basic and diluted share before and after extraordinary items a year ago.