*Sah Petroleums* reported a substantial drop in standalone net profit for the quarter ended December 2008 due to rise in input, depreciation and interest costs. During the quarter, the profit of the company declined 61.79% to Rs 20.15 million from Rs 52.73 million in the same quarter previous year.
Net sales for the quarter rose 22.25% to Rs 611.43 million, while total income for the quarter rose 17.06% to Rs 615.46 million as compared with the prior year period. The company reported earnings of Rs 0.56 a share during the quarter, registering 66.06% decline over previous year period. *Quarterly Results - Standalone (Rs in mn)* *As at* *Dec - 08* *Dec - 07* *%Change* *Net Sales* 611.43 500.14 22.25 *Net Profit* 20.15 52.73 (61.79) *Basic EPS* 0.56 1.65 (66.06) During the quarter, the operating margin of the company declined by 207.83 basis points to 6.65% compared with the previous year period. Interest cost increased 14.21% to Rs 8.52 million while depreciation cost rose 55.36% to Rs 3.48 million over previous year period. Sah Petroleums is engaged in production of industrial lubricants, automotive lubes, rubber processing oil, greases, transformer oils, and specialties. --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Kences1" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/kences1?hl=en -~----------~----~----~----~------~----~------~--~---
