Oswal Overseas net profit declines 89.76% in the March 2013 quarter

Net profit of Oswal Overseas declined 89.76% to Rs 1.00 crore in the quarter ended March 2013 as against Rs 9.77 crore during the previous quarter ended March 2012. Sales declined 29.34% to Rs 39.54 crore in the quarter ended March 2013 as against Rs 55.96 crore during the previous quarter ended March 2012.

For the Audited full year,net loss reported to Rs 5.48 crore in the year ended March 2013 as against net loss of Rs 2.52 crore during the previous year ended March 2012. Sales declined 23.92% to Rs 83.79 crore in the year ended March 2013 as against Rs 110.13 crore during the previous year ended March 2012.

ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales39.5455.96 -29 83.79110.13 -24 OPM %5.5610.78 -48 0.512.74 -81 PBDT1.815.10 -65 -1.980.31 PL PBT0.844.19 -80 -5.64-3.27 -72 NP1.009.77 -90 -5.48-2.52 -117

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