Gujarat Carbon and Industries Limited reported unaudited standalone earnings results for the third quarter and nine months ended December, 2016. For the quarter, the company reported loss from operations before other income, finance costs and exceptional items of INR 0.189 million compared to INR 0.314 million a year ago. Loss from ordinary activities before tax was INR 0.189 million compared to INR 1.072 million a year ago. Net loss after tax was INR 0.189 million or INR 0.02 per basic and diluted share compared to INR 1.072 million or INR 0.09 basic and diluted share a year ago. For the nine months, the company reported loss from operations before other income, finance costs and exceptional items of INR 0.424 million compared to INR 0.594 million a year ago. Loss from ordinary activities before tax was INR 0.424 million compared to INR 1.386 million a year ago. Net loss after tax was INR 0.424 million or INR 0.03 per basic and diluted share compared to INR 1.86 million or INR 0.11 basic and diluted share a year ago.