GG Automotive Gears Ltd. reported unaudited standalone financial results for the first quarter ended June 30, 2014. For the quarter, the company's net sales/income from operations was INR 40.089 million compared to INR 90.92 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 3.09 million compared to INR 10.225 million a year ago.

Profit from ordinary activities before tax was INR 0.55 million compared to INR 8.72 million a year ago. Net profit was INR 0.426 million compared to INR 7.124 million a year ago. Basic and diluted earnings per share before and after extraordinary items was INR 0.05 compared to INR 0.90 a year ago.