GOL Offshore Limited reported unaudited standalone earnings results for the first quarter ended of June 30, 2016. For the quarter, the company reported income from operations of INR 1,301.4 million compared to INR 3,574.4 million a year ago. Loss before other income, finance costs and exceptional items was INR 608.9 million compared to profit before other income, finance costs and exceptional items of INR 243.9 million a year ago. Loss from ordinary activities before tax was INR 844.5 million compared to INR 37.3 million a year ago. Net loss for the period was INR 829.0 million compared to INR 29.2 million a year ago. Basic and diluted loss per share before and after extraordinary items was INR 22.26 compared to INR 0.78 a year ago.