Gujarat Metallic Coal & Coke Ltd. reported unaudited standalone earnings results for the third quarter and nine months ended June 30, 2014. For the quarter, the company reported net sales/income from operations of INR 151.51 million compared to INR 1,007.72 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 5.37 million compared to INR 1.12 million a year ago. Profit from ordinary activities before tax was INR 0.761 million compared to INR 1.49 million a year ago. Net profit was INR 0.76 million or INR 0.38 per diluted share after extraordinary items compared to net profit of INR 1.43 million or INR 0.72 per diluted share after extraordinary items a year ago.

For the nine months, the company reported net sales/income from operations of INR 668.21 million compared to INR 3,588.81 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 29.79 million compared to loss from operations before other income, finance costs and exceptional items of INR 63.33 million a year ago. Profit from ordinary activities before tax was INR 6.23 million compared to INR 7.63 million a year ago. Net profit was INR 6.14 million or INR 3.10 per diluted share after extraordinary items compared to net profit of INR 7.51 million or INR 3.79 per diluted share after extraordinary items a year ago.