Aban Offshore standalone net profit declines 91.02% in the March 2015 quarter

Sales decline 34.39% to Rs 167.99 crore

Net profit of Aban Offshore declined 91.02% to Rs 11.88 crore in the quarter ended March 2015 as against Rs 132.25 crore during the previous quarter ended March 2014. Sales declined 34.39% to Rs 167.99 crore in the quarter ended March 2015 as against Rs 256.06 crore during the previous quarter ended March 2014.

For the full year,net profit rose 5.65% to Rs 190.62 crore in the year ended March 2015 as against Rs 180.43 crore during the previous year ended March 2014. Sales declined 7.34% to Rs 759.75 crore in the year ended March 2015 as against Rs 819.94 crore during the previous year ended March 2014.

ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales167.99256.06 -34 759.75819.94 -7 OPM %55.8464.94 -50.1846.80 - PBDT86.11132.29 -35 346.74249.62 39 PBT64.59121.50 -47 266.16207.83 28 NP11.88132.25 -91 190.62180.43 6

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