Olympic Oil Industries net profit rises 31.97% in the March 2014 quarter

Sales decline 71.52% to Rs 360.39 crore

Net profit of Olympic Oil Industries rose 31.97% to Rs 3.55 crore in the quarter ended March 2014 as against Rs 2.69 crore during the previous quarter ended March 2013. Sales declined 71.52% to Rs 360.39 crore in the quarter ended March 2014 as against Rs 1265.43 crore during the previous quarter ended March 2013.

For the full year,net profit rose 102.99% to Rs 6.78 crore in the year ended March 2014 as against Rs 3.34 crore during the previous year ended March 2013. Sales rose 21.07% to Rs 2036.02 crore in the year ended March 2014 as against Rs 1681.66 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales360.391265.43 -72 2036.021681.66 21 OPM %2.900.27 -0.90-0.18 - PBDT5.904.11 44 10.625.05 110 PBT5.844.08 43 10.465.01 109 NP3.552.69 32 6.783.34 103

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