SIP Industries Ltd. reported audited consolidated earnings results for the fourth quarter and full year ended March 31, 2016. For the quarter, loss from operations before other income, finance costs and exceptional items was INR 0.430 million against INR 0.506 million a year ago. Loss from ordinary activities before tax was INR 0.430 million against INR 0.503 million a year ago. Loss for the period was INR 0.430 million or INR 0.09 basic and diluted per share after extraordinary items (not annualized) against profit of INR 5.843 million or INR 1.25 basic and diluted per share before and after extraordinary items (not annualized) a year ago. For the year, the company reported profit from operations before other income, finance costs and exceptional items was INR 3.700 million against INR 4.790 million a year ago. Loss from ordinary activities before tax was INR 3.700 million against INR 4.790 million a year ago. Net profit for the year was INR 2.649 million or INR 0.57 basic and diluted per share after extraordinary items (not annualized) against loss of INR 4.790 million or INR 1.02 basic and diluted per share before and after extraordinary items (not annualized) a year ago.