OPM was up by about 50 bps to 12.1%, thus leading a 7% fall in OP to Rs 12.75 crore. Other income was lower by 5% to Rs 3.74 crore. Depreciation was lower by 3% to Rs 3.25 crore. After providing total tax of Rs 4.86 crore, up by 17%, PAT for quarter ended Dec'15 stood at Rs 8.36 crore as compared to PAT of Rs 8.28 crore for Dec'14 quarter.

Performance for the 9 months ended Dec 2015

For the 9 months ended Dec'15, the company supplied about 50118 engines as compared to about 52251 for the 9 months ended Dec'14. Net sales of the company for 9 months ended Dec'15 stood at Rs 411.92 crore, down by 5% YoY. OPM was up by about 10 bps to 14%, thus leading a 6% fall in OP to Rs 57.74 crore. Other income was up by 1% to Rs 12.28 crore. Depreciation was up by 1% to Rs 10.30 crore. After providing total tax of Rs 20.13 crore, up by 2%, PAT for the 9 months ended Dec'15 stood at Rs 39.55 crore as compared to PAT of Rs 43.59 crore for the 9 months ended Dec'14.