GOL Offshore Limited announced unaudited standalone earnings results for the second quarter and six months ended September 30, 2014. For the quarter, total income was INR 2,497.9 million against INR 3,083.7 million for the same period a year ago. Profit before other income, finance costs and exceptional expenditure was INR 456.7 million against INR 1,208.7 million for the same period a year ago. Profit from ordinary activities before tax was INR 20.7 million against INR 803.6 million for the same period a year ago. Net profit for the period was INR 507.6 million or INR 13.63 per basic and diluted share against net loss of INR 27.0 million or INR 0.73 per basic and diluted share for the same period a year ago.

For the six months, total income was INR 4,784.5 million against INR 5,414.5 million for the same period a year ago. Profit before other income, finance costs and exceptional expenditure was INR 1,111.5 million against INR 1,950.4 million for the same period a year ago. Profit from ordinary activities before tax was INR 97.9 million against INR 1,285.8 million for the same period a year ago. Net profit for the period was INR 8.2 million or INR 0.22 per basic and diluted share against INR 842.5 million or INR 22.62 per basic and diluted share for the same period a year ago.