Sita Shree Food Products Ltd. announced audited standalone and consolidated earnings results for the fourth quarter and full year ended March 31, 2016. For the quarter, the company reported net sales of INR 2,626.276 million compared with INR 1,826.693 million for the same period a year ago. Profit from operation before other income, finance cost and exceptional items was INR 35.526 million compared with INR 105.753 million for the same period a year ago. Loss from ordinary activities before tax was INR 34.807 million compared with profit from ordinary activities before tax of INR 25.290 million for the same period a year ago. Net loss for the period was INR 39.258 million or INR 1.41 per basic and diluted share before and after extraordinary items compared with INR 11.433 million or INR 0.41 per diluted share before and after extraordinary items for the same period a year ago. For the full year, the company reported net sales of INR 7,571.429 million compared with INR 5,776.468 million for the same period a year ago. Profit from operation before other income, finance cost and exceptional items was INR 209.766 million compared with INR 275.951 million for the same period a year ago. Profit from ordinary activities before tax was INR 1.699 million compared with INR 70.207 million for the same period a year ago. Net loss for the period was INR 10.056 million or INR 0.31 per basic and diluted share before and after extraordinary items compared with net profit for the period of INR 24.609 million or INR 0.88 per diluted share before and after extraordinary items for the same period a year ago.