Nine month performance

Sales was lower by 26% to Rs113.90 crore. With OPM down by 30 bps to 6.5%, the operating profit was down by 29% to Rs 7.43 crore. After accounting for lower OI, lower interest cost and lower depreciation, the loss at PBT was higher at Rs 3.16 crore compared to a loss of Rs 1.98 crore in the corresponding previous period. With taxation being a write back of Rs 1.76 crore up from modest Rs 0.22 crore, the net loss was Rs 1.40 crore down from a loss of Rs 1.76 crore in the corresponding previous period.