GG Automotive Gears Ltd. reported unaudited standalone earnings results for the second quarter and six months ended September 30, 2014. For the quarter, the company reported total income from operations of INR 31.041 million against INR 50.126 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 4.639 million against profit from operations before other income, finance costs and exceptional items of INR 5.401 million a year ago. Loss from ordinary activities before tax was INR 5.938 million against profit from ordinary activities before tax of INR 3.891 million a year ago. Net loss for the period was INR 5.938 million against net profit for the period of INR 2.991 million a year ago. Basic and diluted loss per share was INR 0.75 against basic and diluted earnings per share of INR 0.38 a year ago.

For the six months, the company reported total income from operations of INR 72.082 million against INR 141.183 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 1.547 million against profit from operations before other income, finance costs and exceptional items of INR 15.626 million a year ago. Loss from ordinary activities before tax was INR 5.387 million against profit from ordinary activities before tax of INR 12.615 million a year ago. Net loss for the period was INR 5.512 million against net profit for the period of INR 10.115 million a year ago. Basic and diluted loss per share was INR 0.70 against basic and diluted earnings per share of INR 1.28 a year ago.