Orient Abrasives standalone net profit declines 32.18% in the March 2015 quarter

Sales rise 13.40% to Rs 42.32 crore

Net profit of Orient Abrasives declined 32.18% to Rs 0.59 crore in the quarter ended March 2015 as against Rs 0.87 crore during the previous quarter ended March 2014. Sales rose 13.40% to Rs 42.32 crore in the quarter ended March 2015 as against Rs 37.32 crore during the previous quarter ended March 2014.

For the full year,net profit rose 74.36% to Rs 12.31 crore in the year ended March 2015 as against Rs 7.06 crore during the previous year ended March 2014. Sales rose 4.96% to Rs 182.35 crore in the year ended March 2015 as against Rs 173.73 crore during the previous year ended March 2014.

ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales42.3237.32 13 182.35173.73 5 OPM %4.6114.63 -16.2314.24 - PBDT1.635.03 -68 27.7323.28 19 PBT0.281.84 -85 17.1410.58 62 NP0.590.87 -32 12.317.06 74

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