Gemini Communication Limited reported unaudited standalone and consolidated earnings results for the first quarter ended June 30, 2014. For the quarter, the standalone company reported net sales/income from operations (net of excise duty) of INR 98.905 million against INR 89.704 million a year ago. Loss from ordinary activities before other income, finance cost and exceptional items was INR 22.659 million against INR 33.585 million a year ago. Loss from ordinary activities before tax and net loss for the period was INR 29.951 million or INR 0.24 basic and per diluted share against net profit of INR 35.651 million or INR 0.29 per basic and diluted share a year ago.

For the quarter, the consolidated company reported net sales/income from operations (net of excise duty) of INR 99.706 million against INR 202.024 million a year ago. Loss from ordinary activities before other income, finance cost and exceptional items was INR 46.133 million against INR 23.324 million a year ago. Loss from ordinary activities before tax and net loss for the period was INR 53.426 million or INR 0.43 basic and per diluted share against net profit of INR 35.632 million or INR 0.29 per basic and diluted share a year ago.