Shree Bhawani Paper Mills Ltd. reported standalone unaudited earnings results for fourth quarter and full year ended March 31, 2016. For the quarter, the company reported loss from operations before other income, finance costs and exceptional item of INR 173.7 million, loss from ordinary activities before tax of INR 240.3 million, net loss of INR 239.1 million or INR 6.86 per basic and diluted share after extraordinary items compared to the net sales/income from operations of INR 2.5 million, total income from operations of INR 2.5 million, loss from operations before other income, finance costs and exceptional item of INR 179.0 million, loss from ordinary activities before tax of INR 231.4 million, net loss of INR 231.4 million or INR 6.64 per basic and diluted share after extraordinary items for the same quarter a year ago. For the year ended, the company reported net sales/income from operations of INR 1.9 million, total income from operations of INR 1.9 million, loss from operations before other income, finance costs and exceptional item of INR 284.8 million, loss from ordinary activities before tax of INR 514.9 million, net loss of INR 513.7 million or INR 14.75 per basic and diluted share after extraordinary items compared to the net sales/income from operations of INR 282.8 million, total income from operations of INR 282.8 million, loss from operations before other income, finance costs and exceptional item of INR 357.4 million, loss from ordinary activities before tax of INR 555.1 million, net loss of INR 555.1 million or INR 15.95 per basic and diluted share after extraordinary items for the same period a year ago.