Gujarat Carbon & Industries Ltd. reported unaudited earnings results for the second quarter ended September 30, 2012. For the quarter, the company reported total income from operations of INR 0.047 million against INR 0.212 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 0.239 million against profit of INR 0.003 million a year ago. Loss from ordinary activities before tax was INR 0.239 million against profit from ordinary activities before tax of INR 0.003 million a year ago. Net loss for the period was INR 0.301 million or INR 0.02 per basic and diluted share after extraordinary items against net profit for the period of INR 0.003 million a year ago.

For the half year, the company reported total income from operations of INR 0.347 million against INR 0.423 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 0.178 million against INR 0.049 million a year ago. Loss from ordinary activities before tax was INR 0.178 million against INR 0.049 million a year ago. Net loss for the period was INR 3.050 million or INR 0.02 per basic and diluted share after extraordinary items against net loss for the period of INR 0.049 million a year ago.