GG Automotive Gears Ltd. announced unaudited standalone financial results for the second quarter and six months ended September 30, 2013. For the quarter, the company reported net sales/income from operation of INR 50.086 million against INR 82.22 million a year ago. Profit from operations before other income, interest and exceptional items was INR 5.401 million against INR 10.341 million a year ago. Profit from ordinary activities before tax was INR 3.891 million against INR 7.412 million a year ago. Profit for the period was INR 2.991 million or INR 0.38 per diluted share against INR 6.412 million or INR 0.81 per diluted share a year ago.

For the six months, the company reported net sales/income from operation of INR 141.00 million against INR 151.941 million a year ago. Profit from operations before other income, interest and exceptional items was INR 15.626 million against INR 21.369 million a year ago. Profit from ordinary activities before tax was INR 12.615 million against INR 15.4 million a year ago. Profit for the period was INR 10.115 million or INR 1.28 per diluted share against INR 12.85 million or INR 1.67 per diluted share a year ago.