Shree Bhawani Paper Mills Limited announced audited earnings results for the quarter and year ended March 31, 2017. For the quarter, the company reported net sales/income from operations of INR 0.2 million. Loss from operations before other income, finance costs and exceptional items was INR 71.1 million against INR 173.7 million a year ago. Loss from ordinary activities before tax was INR 132.4 million against INR 240.3 million a year ago. Net loss for the period was INR 132.4 million against INR 239.1 million a year ago. loss per basic and diluted shares before and after extraordinary items was INR 3.80 against INR 6.86 a year ago. For the year, the company reported net sales/income from operations of INR 0.2 million against INR 1.9 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 1.625 million against INR 284.8 million a year ago. Loss from ordinary activities before tax was INR 411.2 million against INR 514.9 million a year ago. Net loss for the period was INR 411.2 million against INR 513.7 million a year ago. loss per basic and diluted shares before and after extraordinary items was INR 11.81 against INN 14.75 a year ago.