GKB Ophthalmics Ltd. announced that the workmen affiliated to Goa Trade & Commercial Worker's Union (affiliated to AITUC), have called off their strike unconditionally and have resumed work on April 3, 2013.

GKB Ophthalmics Ltd. accepted the resignation of Somnath Sinai Priolkar, an Independent Director, with immediate effect.

GKB Ophthalmics Ltd. reported unaudited earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported net sales\ income from operations of INR 73.734 million compared to INR 92.732 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 4.786 million compared to INR 3.918 million a year ago. Loss from ordinary activities before tax was INR 2.613 million compared to profit from ordinary activities before tax INR 5.475 million a year ago. Net loss for the period was INR 4.021 million or INR 0.97 per basic and diluted share before and after extraordinary items compared to net profit for the period of INR 3.083 million or INR 0.74 per basic and diluted share before and after extraordinary items a year ago.   For the nine months period, the company reported net sales\ income from operations of INR 224.361 million compared to INR 209.422 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 19.474 million compared to INR 18.902 million a year ago. Profit from ordinary activities before tax was INR 2.294 million compared to loss from ordinary activities before tax of INR 13.989 million a year ago. Net loss for the period was INR 4.599 million or INR 1.11 per basic and diluted share before and after extraordinary items compared to net profit for the period of INR 8.968 million or INR 02.16 per basic and diluted share before and after extraordinary items a year ago.