Vax Housing Finance Corporation Ltd. reported unaudited standalone earnings results for the first quarter ended June 30, 2016. For the quarter, the company reported profit from operations before other income, interest and exceptional items of INR 0.229 million against INR 0.136 million a year ago. Loss from ordinary activities before tax was INR 0.12775 million against profit from ordinary activities before tax of INR 0.136 million a year ago. Net loss for the period was INR 0.12775 million against net profit for the period of INR 0.112 million a year ago. Basic and diluted loss per share before and after extraordinary items was INR 1.06 against basic and diluted earnings per share before and after extraordinary items of INR 0.01 a year ago.