ABG Shipyard net profit declines 89.71% in the June 2013 quarter

Sales decline 34.04% to Rs 422.22 crore

Net profit of ABG Shipyard declined 89.71% to Rs 4.25 crore in the quarter ended June 2013 as against Rs 41.31 crore during the previous quarter ended June 2012. Sales declined 34.04% to Rs 422.22 crore in the quarter ended June 2013 as against Rs 640.13 crore during the previous quarter ended June 2012. ParticularsQuarter EndedJun. 2013Jun. 2012% Var.Sales422.22640.13 -34 OPM %36.2625.97 -PBDT30.9386.05 -64 PBT6.3461.15 -90 NP4.2541.31 -90

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