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Opto Circuits (India) reports 9% fall in Q3 consolidated net profit

13 Feb 2013 Evaluate

Opto Circuits (India) has reported results for third quarter ended December 31, 2012.

The company has reported 0.38% fall in its net profit at Rs 60.18 crore for the quarter as compared to Rs 60.41 crore for the same quarter in the previous year.  However, total income from operation of the company has increased by 17.42% at Rs 189.22 crore for quarter under review as compared to Rs 161.15 crore for the quarter ended December 31, 2011.

On consolidated basis, the company has reported 9.45% fall in its net profit at Rs 113.26 crore for the quarter as compared to Rs 125.08 crore for the same quarter in the previous year.  However, total income from operation of the company has increased by 2.65% at Rs 623.12 crore for quarter under review as compared to Rs 607.04 crore for the quarter ended December 31, 2011.

Opto Circuits India is a multinational medical device company headquartered out of Bengaluru, India. The company designs, develop, manufacture, market and distribute a range of medical products that are used by healthcare establishments in more than 150 countries.

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