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Aban Offshore net profit declines 70.80% in the March 2013 quarter

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Capital Market
Net profit of Aban Offshore declined 70.80% to Rs 6.59 crore in the quarter ended March 2013 as against Rs 22.57 crore during the previous quarter ended March 2012. Sales rose 18.22% to Rs 195.92 crore in the quarter ended March 2013 as against Rs 165.73 crore during the previous quarter ended March 2012.

For the Audited full year,net loss reported to Rs 12.63 crore in the year ended March 2013 as against net loss of Rs 120.73 crore during the previous year ended March 2012. Sales rose 24.80% to Rs 796.87 crore in the year ended March 2013 as against Rs 638.53 crore during the previous year ended March 2012.

 
ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales195.92165.73 18 796.87638.53 25 OPM %28.1156.62 -50 39.5641.64 -5 PBDT22.0335.23 -37 34.72-24.45 LP PBT9.8726.53 -63 -14.41-123.06 88 NP6.5922.57 -71 -12.63-120.73 90

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First Published: May 28 2013 | 6:57 PM IST

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