Half yearly performance

Sales was lower by 52% to Rs 57.81 crore. Lower sales together with 480 bps fall in OPM to 3.5%, the operating profit was down by 80% to Rs 2 crore. After accounting for lower OI, lower interest cost and lower depreciation, the PBT was a loss of Rs 4.91 crore (compared to a profit of Rs 1.41 crore in the corresponding previous period. The taxation was a write back of Rs 0.94 crore compared to a provision of Rs 0.52 crore in the corresponding previous period. Thus the PAT was a loss of Rs 3.97 crore compared to a profit of Rs 0.89 crore in the corresponding previous period.