Friday, August 12, 2011

Dredging Corporation Q1 PAT down 81% at Rs 3 cr

Dredging Corporation India has announced its Q1FY12 results. The company's Q1 net sales were down 3% at Rs 108 crore versus Rs 111 crore.

Its PAT was down 81% at Rs 3 crore versus Rs 16 crore.

The company's total expenditure was up 8% at Rs 116 crore versus Rs 107 crore.

Its EBITDA was down 38% at Rs 13 crore versus Rs 21 crore.

The company's EBITDA margin was down at 12% versus 19%.

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

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