Gujarat Carbon & Industries Ltd. reported unaudited earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, total income from operation was INR 0.032 million against INR 0.212 million a year ago. Loss from operation before other income, finance cost and exceptional item was INR 0.227 million against profit from operation before other income, finance cost and exceptional item of INR 0.034 million a year ago. Loss form ordinary activities before tax was INR 2.406 million against profit form ordinary activities before tax of INR 0.034 million a year ago. Net loss was INR 2.406 million or INR 0.19 per basic and diluted share against net profit of INR 0.067 million or INR 0.01 per basic and diluted share a year ago.

For the nine months, total income from operation was INR 0.379 million against INR 0.636 million a year ago. Loss from operation before other income, finance cost and exceptional item was INR 0.405 million against INR 0.015 million a year ago. Loss form ordinary activities before tax was INR 2.584 million against INR 0.015 million a year ago. Net profit was INR 0.644 million or INR 0.05 per basic and diluted share against INR 0.018 million or INR 0.00 per basic and diluted share a year ago.