Ocean Agro (India) - Quarterly Results
10th May 2019

The sales for the March 2019 quarter moved down -32.58% to Rs. 28.19 millions as compared to Rs. 41.81 millions during the year ago period.The Net Loss for the quarter ended March 2019 is Rs. -102.40 millions as compared to Net Profit of Rs. 11.98 millions of corresponding quarter ended March 2018Operating profit Margin for the quarter ended March 2019 slipped to -16.74% as compared to 14.49% of corresponding quarter ended March 2018



(Rs. in Million)


  Quarter ended Year to Date Year ended
  201903 201803 % Var 201903 201803 % Var 201903 201803 % Var
Sales 28.19 41.81 -32.58 187.87 200.50 -6.30 187.87 200.50 -6.30
Other Income -0.28 -0.18 55.56 0.18 -0.16 -212.50 0.18 -0.16 -212.50
PBIDT -16.74 14.49 -215.53 -4.51 14.34 -131.45 -4.51 14.34 -131.45
Interest 1.61 1.45 11.03 5.06 5.04 0.40 5.06 5.04 0.40
PBDT -101.07 13.04 -875.08 -100.29 7.31 -1471.96 -100.29 7.31 -1471.96
Depreciation 1.33 1.06 25.47 4.10 3.52 16.48 4.10 3.52 16.48
PBT -102.40 11.98 -954.76 -104.39 3.79 -2854.35 -104.39 3.79 -2854.35
TAX 0.00 0.00 0.00 0.00 1.75 -100.00 0.00 1.75 -100.00
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT -102.40 11.98 -954.76 -104.39 2.04 -5217.16 -104.39 2.04 -5217.16
Equity 75.87 75.87 0.00 75.87 75.87 0.00 75.87 75.87 0.00
PBIDTM(%) -59.38 34.66 -271.35 -2.40 7.16 -133.54 -2.40 7.16 -133.54