GOL Offshore Limited reported unaudited standalone earnings results for the first quarter ended June 30, 2014. For the quarter on standalone basis, income from operation was INR 2,286.6 million against INR 2,350.9 million a year ago. Profit from operation before other income, finance cost and exceptional item was INR 614.9 million against INR 741.7 million a year ago.

Profit form ordinary activities before tax was INR 77.2 million against INR 482.0 million a year ago. Net profit was INR 35.2 million or INR 0.95 per basic and diluted share against INR 334.9 million or INR 8.99 per basic and diluted share a year ago.