Results     20-Jun-08
Announcements
Dredging Corporation of India net profit declines 22.13% in the March 2008 quarter
Sales decline 5.56% to Rs 190.72 crore
Net profit of Dredging Corporation of India declined 22.13% to Rs 50.15 crore in the quarter ended March 2008 as against Rs 64.40 crore during the previous quarter ended March 2007. Sales declined 5.56% to Rs 190.72 crore in the quarter ended March 2008 as against Rs 201.95 crore during the previous quarter ended March 2007.

For the full year, net profit declined 17.97% to Rs 154.82 crore in the year ended March 2008 as against Rs 188.73 crore during the previous year ended March 2007. Sales rose 23.12% to Rs 705.32 crore in the year ended March 2008 as against Rs 572.89 crore during the previous year ended March 2007.

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