Tulip Star Hotels Ltd. announced standalone unaudited earnings results for the fourth quarter and audited earnings results for the full year ended March 31, 2015. For the quarter, the standalone company reported loss from operations before other income, finance costs and exceptional items was INR 4.2 million against INR 4.8 million a year ago. Loss from ordinary activities before tax was INR 13.9 million against INR 16.5 million a year ago. Net loss was INR 13.4 million against INR 13.2 million a year ago. Basic and diluted loss per share was INR 2.90 against loss of INR 2.86 a year ago.

For the year, the standalone company reported loss from operations before other income, finance costs and exceptional items was INR 11.5 million against INR 10.6 million a year ago. Loss from ordinary activities before tax was INR 47.8 million against INR 49.2 million a year ago. Net loss was INR 47.3 million against INR 45.9 million a year ago. Basic and diluted loss per share was INR 10.26 against loss of INR 9.96 a year ago.