Asian Oilfield Services reports standalone net profit of Rs 5.26 crore in the March 2017 quarter

Sales rise 405.60% to Rs 29.78 crore

Net profit of Asian Oilfield Services reported to Rs 5.26 crore in the quarter ended March 2017 as against net loss of Rs 9.81 crore during the previous quarter ended March 2016. Sales rose 405.60% to Rs 29.78 crore in the quarter ended March 2017 as against Rs 5.89 crore during the previous quarter ended March 2016.

For the full year,net profit reported to Rs 0.49 crore in the year ended March 2017 as against net loss of Rs 29.40 crore during the previous year ended March 2016. Sales rose 363.89% to Rs 43.42 crore in the year ended March 2017 as against Rs 9.36 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales29.785.89 406 43.429.36 364 OPM %19.68-137.35 --0.25-228.85 - PBDT6.75-8.29 LP -0.49-21.60 98 PBT5.47-9.81 LP -5.75-27.59 79 NP5.26-9.81 LP 0.49-29.40 LP

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