Gujarat Carbon & Industries Ltd. reported unaudited earnings results for the third quarter and nine months ended December 31, 2013. For the quarter, the company reported total income from operations was INR 0.016 million against INR 0.032 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 0.194 million against INR 0.227 million a year ago. Loss from ordinary activities before tax was INR 0.194 million compared to INR 2.406 million for the same period a year ago. Net loss was INR 0.194 million or INR 0.02 basic and diluted loss per share against INR 2.406 million or INR 0.19 basic and diluted loss per share a year ago.

For nine months, the company reported total income from operations was INR 0.064 million against INR 0.379 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 0.814 million against INR 0.405 million a year ago. Loss from ordinary activities before tax was INR 0.814 million compared to INR 2.584 million for the same period a year ago. Net loss was INR 0.814 million or INR 0.07 basic and diluted loss per share against profit of INR 0.644 million or INR 0.05 basic and diluted earnings per share a year ago.