GOL Offshore Limited reported unaudited standalone earnings results for the first quarter ended June 30, 2015. For the quarter on standalone basis, the company reported total income of INR 3,588.2 million against INR 2,286.6 million a year ago. Profit from operation before other income, finance cost and exceptional item was INR 451.2 million against INR 614.9 million a year ago.

Loss from ordinary activities before tax was INR 60.4 million against profit from ordinary activities before tax of INR 77.2 million a year ago. Net loss was INR 52.3 million or INR 1.40 per basic and diluted share before and after exceptional items against net profit of INR 35.2 million or INR 0.95 per basic and diluted share before and after exceptional items a year ago.