Asian Oilfield Services consolidated net profit declines 68.41% in the March 2017 quarter

Sales rise 1344.24% to Rs 95.32 crore

Net profit of Asian Oilfield Services declined 68.41% to Rs 1.39 crore in the quarter ended March 2017 as against Rs 4.40 crore during the previous quarter ended March 2016. Sales rose 1344.24% to Rs 95.32 crore in the quarter ended March 2017 as against Rs 6.60 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 18.40 crore in the year ended March 2017 as against net loss of Rs 27.06 crore during the previous year ended March 2016. Sales rose 60.06% to Rs 124.32 crore in the year ended March 2017 as against Rs 77.67 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales95.326.60 1344 124.3277.67 60 OPM %-2.51-220.61 --14.84-32.25 - PBDT-1.438.82 PL -22.26-7.42 -200 PBT-5.094.45 PL -37.39-25.20 -48 NP1.394.40 -68 -18.40-27.06 32

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