Gujarat Carbon & Industries Ltd. reported audited earnings results for the fourth quarter and full year ended March 31, 2013. For the quarter, the company reported total income from operations of INR 0.036 million compared to INR 0.212 million a year ago. Loss from operations before other income, finance costs and exceptional items of INR 0.360 million compared to profit of INR 0.039 million a year ago. Loss from ordinary activities before tax was of INR 0.360 million compared to profit of INR 0.039 million a year ago. Net loss was INR 0.447 million or INR 0.03 per basic and diluted share compared to net profit of INR 0.039 million a year ago.

For the year, the company reported total income from operations of INR 0.415 million compared to INR 0.848 million a year ago. Loss from operations before other income, finance costs and exceptional items of INR 0.766 million compared to profit of INR 0.024 million a year ago. Loss from ordinary activities before tax was of INR 2.945 million compared to profit of INR 0.024 million a year ago. Net profit was INR 0.197 million or INR 0.02 per basic and diluted share compared to net profit of INR 0.024 million a year ago.