Gujarat Carbon & Industries Ltd. announced unaudited standalone earnings results for the third quarter and nine months ended December 31, 2015. For the quarter, the company reported loss from operations before other income, finance costs and exceptional items was INR 0.314 million compared to INR 0.163 million a year ago. Loss from ordinary activities before tax and loss for the period was INR 1.072 million or INR 0.09 per basic and diluted share before and after extraordinary items against INR 0.180 million or INR 0.01 per basic and diluted share before and after extraordinary items a year ago.

For the nine months, the company reported loss from operations before other income, finance costs and exceptional items was INR 0.594 million compared to INR 0.866 million a year ago. Loss from ordinary activities before tax and loss for the period was INR 1.386 million or INR 0.11 per basic and diluted share before and after extraordinary items against INR 0.880 million or INR 0.07 per basic and diluted share before and after extraordinary items a year ago.