Gujarat Carbon & Industries Ltd. reported unaudited earnings results for the first quarter ended June 30, 2012. For the quarter, the company reported total income from operations of INR 0.301 million against INR 0.211 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 0.062 million against loss from operations before other income, finance costs and exceptional items of INR 0.052 million a year ago.

Profit from ordinary activities before tax was INR 0.077 million against loss from ordinary activities before tax of INR 0.052 million a year ago. Net profit for the period was INR 3.352 million or INR 0.27 per basic and diluted share after extraordinary items against net loss for the period of INR 0.052 million a year ago.