Steelco Gujarat Limited announced unaudited standalone earnings results for the first quarter ended June 30, 2017. For the quarter, the company reported gross sales of INR 1,271.354 million against INR 1,469.883 million a year ago. Total income from operations was INR 1,293.777 million against INR 1,499.466 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 57.775 million against profit from operations before other income, finance costs and exceptional items of INR 39.415 million a year ago. Loss from ordinary activities before tax was INR 105.68 million against INR 18.973 million a year ago. Net loss for the period was INR 105.68 million or INR 2.74 basic and diluted per share before and after extraordinary items against INR 18.973 million or INR 0.70 basic and diluted per share before and after extraordinary items a year ago.