Gujarat Foils Ltd. announced unaudited standalone earnings results for the second quarter and half year ended September 30, 2016. For the quarter, the company reported net sales/income from operations were INR 765.053 million against INR 1,093.012 million a year ago. Total revenue was INR 771.363 million against INR 1,103.450 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 32.256 million against INR 85.384 million a year ago. Loss from ordinary activities before tax was INR 46.462 million against profit from ordinary activities before tax of INR 21.735 million a year ago. Loss from ordinary activities after tax was INR 46.462 million against profit from ordinary activities after tax of INR 21.735 million a year ago. Net loss was INR 46.462 million or INR 5.66 basic and diluted per share before and after extraordinary items against net profit of INR 14.217 million or INR 1.73 basic and diluted per share before and after extraordinary items a year ago. For the half year, the company reported net sales/income from operations were INR 1,622.728 million against INR 2,459.162 million a year ago. Total revenue was INR 1,634.231 million against INR 2,475.831 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 70.223 million against INR 190.990 million a year ago. Loss from ordinary activities before tax was INR 90.412 million against profit from ordinary activities before tax of INR 49.733 million a year ago. Loss from ordinary activities after tax was INR 90.412 million against profit from ordinary activities after tax of INR 32.525 million a year ago. Net loss was INR 90.412 million or INR 11.02 basic and diluted per share before and after extraordinary items against net profit of INR 32.525 million or INR 3.97 basic and diluted per share before and after extraordinary items a year ago.