Subway Finance & Investment Co., Ltd. announced audited standalone earnings results for fourth quarter and year ended March 31, 2016. For the quarter, the company reported negative net sales (net of excise duty) of INR 0.486 million against net sales (net of excise duty) of INR 1.645 million a year ago. Loss from operations before other income, finance cost and exceptional items was INR 0.731 million against profit from operations before other income, finance cost and exceptional items of INR 1.484 million a year ago. Loss from ordinary activities before tax was INR 0.731 million against profit from ordinary activities before tax of INR 1.484 million a year ago. Net loss was INR 0.731 million or INR 0.66 basic and diluted per share before and after extraordinary items against net profit of INR 1.113 million or INR 1.01 basic and diluted per share before and after extraordinary items a year ago. For the year, the company reported negative net sales (net of excise duty) of INR 0.202 million against net sales (net of excise duty) of INR 1.706 million a year ago. Loss from operations before other income, finance cost and exceptional items was INR 0.936 million against profit of INR 1.203 million a year ago. Loss from ordinary activities before tax was INR 0.936 million against profit of INR 1.203 million a year ago. Net loss was INR 0.936 million or INR 0.85 basic and diluted per share before and after extraordinary items against profit of INR 0.832 million or INR 0.75 basic and diluted per share before and after extraordinary items a year ago.