Net profit of Asian Oilfield Services declined 32.06% to Rs 2.84 crore in the quarter ended March 2008 as against Rs 4.18 crore during the previous quarter ended March 2007. Sales declined 20.52% to Rs 15.69 crore in the quarter ended March 2008 as against Rs 19.74 crore during the previous quarter ended March 2007.

For the full year, net profit rose 68.14% to Rs 7.23 crore in the year ended March 2008 as against Rs 4.30 crore during the previous year ended March 2007. Sales rose 27.26% to Rs 34.78 crore in the year ended March 2008 as against Rs 27.33 crore during the previous year ended March 2007.