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Dredging Corporation of India net profit declines 60.70% in the March 2013 quarter

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Capital Market
Net profit of Dredging Corporation of India declined 60.70% to Rs 11.38 crore in the quarter ended March 2013 as against Rs 28.96 crore during the previous quarter ended March 2012. Sales rose 17.21% to Rs 191.04 crore in the quarter ended March 2013 as against Rs 162.99 crore during the previous quarter ended March 2012.

For the Audited full year,net profit rose 58.65% to Rs 20.91 crore in the year ended March 2013 as against Rs 13.18 crore during the previous year ended March 2012. Sales rose 35.14% to Rs 632.84 crore in the year ended March 2013 as against Rs 468.27 crore during the previous year ended March 2012.

 
ParticularsQuarter EndedYear EndedMar. 2013Mar. 2012% Var.Mar. 2013Mar. 2012% Var.Sales191.04162.99 17 632.84468.27 35 OPM %20.5231.92 -36 17.4619.77 -12 PBDT38.3252.69 -27 112.15105.51 6 PBT11.3229.24 -61 22.0017.56 25 NP11.3828.96 -61 20.9113.18 59

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First Published: May 29 2013 | 3:56 PM IST

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