Gujarat Carbon & Industries Ltd. announced audited standalone earnings results for the fourth quarter and full year ended March 31, 2016. For the quarter, the company reported loss from operations before other income, finance costs and exceptional items was INR 28.920 million compared to INR 0.298 million a year ago. Loss from ordinary activities before tax and loss for the period was INR 28.978 million or INR 2.34 per basic and diluted share before and after extraordinary items against INR 0.315 million or INR 0.03 per basic and diluted share before and after extraordinary items a year ago. For the year, the company reported loss from operations before other income, finance costs and exceptional items was INR 29.514 million compared to INR 1.164 million a year ago. Loss from ordinary activities before tax and loss for the period was INR 30.364 million or INR 2.45 per basic and diluted share before and after extraordinary items against INR 1.195 million or INR 0.10 per basic and diluted share before and after extraordinary items a year ago.