Gupta Synthetics Ltd. reported unaudited standalone earnings results for the second quarter and half year ended September 30, 2014. For the quarter, the company reported net loss of INR 113.623 million or INR 15.81 per basic and diluted share after extra ordinary items on total income from operations was INR 188.629 million against net loss of INR 73.507 million or INR 9.99 per basic and diluted share after extra ordinary items on total income from operations was INR 181.009 million a year ago. Loss from operations before other income, finance cost and exceptional items was INR 68.161 million compared to INR 27.528 million a year ago. Loss from ordinary activities before tax was INR 113.623 million compared to INR 73.507 million a year ago.

For the half year, the company reported net loss of INR 216.805 million or INR 29.48 per basic and diluted share after extra ordinary items on total income from operations was INR 341.581 million against net loss of INR 161.332 million or INR 21.94 per basic and diluted share after extra ordinary items on total income from operations was INR 311.231 million a year ago. Profit from operations before other income, finance cost and exceptional items was INR 12.5563 million compared to INR 71.057 million a year ago. Loss from ordinary activities before tax was INR 216.805 million compared to INR 161.332 million a year ago.