Orient Abrasives has reported results for second quarter ended September 30, 2012.
The company has reported 41.11% fall in its net profit at Rs 2.02 crore for the quarter ended September 30, 2012 as compared to Rs 3.43 crore for the same quarter in the previous year. Total income of the company has decreased by 8.61% at Rs 40.33 crore for quarter under review as compared to Rs 44.13 crore for the quarter ended September 30, 2011.
Orient Abrasives offers a wide range of Refractory and Monolithic products for the iron and steel industry and enjoy large domestic and international clientele. An in-house R&D facility supports the division’s product development initiatives.
