• The value of production for the quarter was lower by 2% to Rs 107.6 crore. But income from operation (excluding other operating income) was up by 1% to Rs 110.42 crore with the revenue of consumable was up by 2% (to Rs 82.04 crore or 74% of sales) and that of equipment division was down by 3% (to Rs 28.38 crore or 26% of sales).
• Benefiting out of lower commodity prices the material cost (as % to sales net of stocks) was lower by 100 bps to 54.9%. Similarly the staff cost was flat at 10.1%. However the sharp rise in purchase of traded goods and other exepenses have more than offset the gains leading to 60 bps contraction in operating profit margin to 11.9%. Thus hit by erosion in OPM the operating profit was lower by 5% to Rs 13.19 crore.
• Despite higher sales, the segment profit of consumable was lower by 5% (to Rs 11.25 crore) as its segment margin contract by 90 bps to 13.7%. This seems largely on account of product mix as well as the company's efforts to focus on non addressed market. On the other hand on a lower sales, the segment profit of equipment was lower by sharp 22% (to Rs 2.82 crore) hurt by 250 bps contraction in segment margin further to lower sales.
• Other income was lower by 4% to Rs 1.74 crore. With interest cost being nil and the depreciation being lower by 3% to Rs 2.76 crore, the de-growth at PBT stood at 5% to Rs 12.17 crore.
• The taxation in absolute terms was up by 1% to Rs 3.72 crore and the tax rate was up at 30.6% compared to 28.5% in corresponding previous period. Thus hit the net profit was down by 8% to Rs 8.45 crore.

The scrip hovers around Rs 475.40.