Results     07-Jun-11
Announcements
GRM Overseas net profit declines 87.62% in the March 2011 quarter
Sales decline 40.35% to Rs 36.99 crore
GRM Overseas net profit declined 87.62% to Rs 0.13 crore in the quarter ended March 2011 as against Rs 1.05 crore during the previous quarter ended March 2010. Sales declined 40.35% to Rs 36.99 crore in the quarter ended March 2011 as against Rs 62.01 crore during the previous quarter ended March 2010.

For the Audited full year,net profit declined 56.62% to Rs 1.54 crore in the year ended March 2011 as against Rs 3.55 crore during the previous year ended March 2010. Sales declined 38.30% to Rs 170.08 crore in the year ended March 2011 as against Rs 275.65 crore during the previous year ended March 2010.

ParticularsQuarter EndedYear Ended
 Mar. 2011Mar. 2010% Var.Mar. 2011Mar. 2010% Var.
Sales36.9962.01 -40 170.08275.65 -38
OPM %6.006.71 -11 4.023.53 14
PBDT0.602.35 -74 3.566.68 -47
PBT0.322.09 -85 2.425.62 -57
NP0.131.05 -88 1.543.55 -57

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