Oil Country Tubular Limited Reports Unaudited Earnings Results for the Third Quarter and Nine Months Ended December 31, 2013
For nine months, the company reported net sales/income from operations was INR 2,460.308 million against INR 3,887.040 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 96.514 million against INR 613.718 million a year ago. Loss from ordinary activities before tax was INR 22.875 million compared to profit from ordinary activities before tax of INR 513.613 million for the same period a year ago. Net loss was INR 41.798 million or INR 0.94 basic and diluted loss per share against net profit of INR 367.079 million or INR 8.06 basic and diluted earnings per share a year ago.