GCM Commodity & Derivatives Limited reported audited standalone earnings results for the half year and year ended March 31, 2014. For the half year, the company reported net sales/income from operations of INR 36.275 million compared to INR 95.836 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 0.035 million compared to INR 0.134 million a year ago. Loss from ordinary activities before tax was INR 0.035 million compared to INR 0.134 million a year ago. Net loss was INR 0.035 million or INR 0.00 per basic and diluted share before extraordinary items compared to INR 0.134 million or INR 0.03 per basic and diluted share before extraordinary items a year ago.

For the year, the company reported net sales/income from operations of INR 260.043 million compared to INR 100.394 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 0.895 million compared to INR 1.658 million a year ago. Profit from ordinary activities before tax was INR 0.895 million compared to INR 1.394 million a year ago. Net profit was INR 0.267 million or INR 0.04 per basic and diluted share before extraordinary items compared to INR 1.016 million or INR 0.26 per basic and diluted share before extraordinary items a year ago.