Gupta Synthetics Ltd. reported unaudited earnings results for the quarter and year ended March 31, 2014. For the quarter, the company reported net sales/income from operations of INR 186.602 million against INR 195.648 million a year ago. Loss from operations before other income, interest and exceptional items was INR 56.933 million against INR 21.151 million a year ago. Loss from ordinary activities before tax was INR 103.936 million against INR 79.034 million a year ago. Net loss for the period was INR 103.936 million or INR 14.13 per basic and diluted share against INR 78.364 million or INR 10.65 per basic and diluted share a year ago.

For the year, the company reported net sales/income from operations of INR 728.612 million against INR 1,339.824 million a year ago. Loss from operations before other income, interest and exceptional items was INR 168.859 million against INR 136.235 million a year ago. Loss from ordinary activities before tax was INR 352.640 million against INR 320.601 million a year ago. Net loss for the period was INR 352.640 million or INR 47.96 per basic and diluted share against INR 319.931 million or INR 43.51 per basic and diluted share a year ago.