Gulf Oil Corporation standalone net profit declines 83.60% in the March 2015 quarter

Sales decline 89.06% to Rs 29.70 crore

Net profit of Gulf Oil Corporation declined 83.60% to Rs 3.01 crore in the quarter ended March 2015 as against Rs 18.35 crore during the previous quarter ended March 2014. Sales declined 89.06% to Rs 29.70 crore in the quarter ended March 2015 as against Rs 271.36 crore during the previous quarter ended March 2014.

For the full year,net profit declined 47.41% to Rs 30.68 crore in the year ended March 2015 as against Rs 58.34 crore during the previous year ended March 2014. Sales declined 88.62% to Rs 108.37 crore in the year ended March 2015 as against Rs 951.93 crore during the previous year ended March 2014.

ParticularsQuarter EndedYear EndedMar. 2015Mar. 2014% Var.Mar. 2015Mar. 2014% Var.Sales29.70271.36 -89 108.37951.93 -89 OPM %6.0310.24 -10.419.70 - PBDT5.3931.83 -83 33.08101.92 -68 PBT5.0128.36 -82 31.6287.49 -64 NP3.0118.35 -84 30.6858.34 -47

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