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Olympic Oil Industries standalone net profit rises 59.85% in the September 2014 quarter

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Sales decline 62.53% to Rs 334.96 crore

Net profit of Olympic Oil Industries rose 59.85% to Rs 2.11 crore in the quarter ended September 2014 as against Rs 1.32 crore during the previous quarter ended September 2013. Sales declined 62.53% to Rs 334.96 crore in the quarter ended September 2014 as against Rs 893.88 crore during the previous quarter ended September 2013. ParticularsQuarter EndedSep. 2014Sep. 2013% Var.Sales334.96893.88 -63 OPM %1.140.26 -PBDT3.212.03 58 PBT3.161.99 59 NP2.111.32 60

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First Published: Nov 21 2014 | 2:08 PM IST

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