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Orient Abrasives net profit declines 98.78% in the December 2013 quarter

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Capital Market

Sales decline 17.42% to Rs 42.00 crore

Net profit of Orient Abrasives declined 98.78% to Rs 0.08 crore in the quarter ended December 2013 as against Rs 6.56 crore during the previous quarter ended December 2012. Sales declined 17.42% to Rs 42.00 crore in the quarter ended December 2013 as against Rs 50.86 crore during the previous quarter ended December 2012. ParticularsQuarter EndedDec. 2013Dec. 2012% Var.Sales42.0050.86 -17 OPM %9.6025.01 -PBDT3.4711.59 -70 PBT0.308.39 -96 NP0.086.56 -99

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First Published: Feb 10 2014 | 8:17 AM IST

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