• The value of production for the quarter was up by 13% to Rs 25.37 crore even while the sales was down up by 25% to Rs 25.98 crore.

• Operating profit margin contracted by 80 bps to 11.6% and that can be attributed to sharp fall in material cost and staff cost. Material cost as proportion to sales net of stocks was down by 500 bps to 50.1%. The staff cost was down by 70 bps to 4.9%. But the labour cost, power & fuel cost and OE was higher by 30 bps (to 7.6%), 160 bps (to 10.7%) and 340 bps (to 14.9%) respectively. Hit thus by 80 bps contraction in operating margin, the growth at operating profit moderated 17% to Rs 3.02 crore.

• Other income was up by 153% to Rs 0.12 crore. The interest cost was down by 4% to Rs 0.70 crore. The depreciation was higher by 6% to Rs 0.54 crore. Thus the PBT was up by 36% to Rs 1.90 crore.

• Taxation was up by 52% to Rs 0.68 crore with tax rate stood higher at 36.1% compared to 32.4% in corresponding previous quarter. Thus the growth at PAT stood restricted to 29% to Rs 1.21 crore.

The stock hovers around Rs 122.