Ocean Agro (India) Limited reported audited standalone earnings results for the fourth quarter and standalone and consolidated earnings results for the full year ended March 31, 2017. For the quarter, on standalone basis, the company reported net sales/income from operations of INR 36.604 million against INR 40.451 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 1.567 million against INR 9.444 million a year ago. Profit from ordinary activities before tax was INR 0.073 million against INR 8.063 million a year ago. Net loss for the period was INR 6.827 million against INR 0.687 million a year ago. For the year, on standalone basis, the company reported net sales/income from operations of INR 235.055 million against INR 227.614 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 20.363 million against INR 20.881 million a year ago. Profit from ordinary activities before tax was INR 15.304 million against INR 15.920 million a year ago. Net profit for the period was INR 4.904 million against INR 3.570 million a year ago. Basic and diluted earnings per share were INR 0.73 against INR 0.53 a year ago. For the year, on consolidated basis, the company reported net sales/income from operations of INR 238.373 million against INR 237.649 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 13.498 million against INR 11.415 million a year ago. Profit from ordinary activities before tax was INR 8.388 million against INR 6.421 million a year ago. Net loss for the period was INR 2.012 million against INR 5.929 million a year ago.