Chowgule Steamships reported net loss of Rs 16.66 crore in the quarter ended March 2012 as against net loss of Rs 0.68 crore during the previous quarter ended March 2011. Sales declined 51.26% to Rs 4.05 crore in the quarter ended March 2012 as against Rs 8.31 crore during the previous quarter ended March 2011.
For the audited full year, net loss reported to Rs 16.61 crore in the year ended March 2012 as against net loss of Rs 1.01 crore during the previous year ended March 2011. Sales declined 27.00% to Rs 22.71 crore in the year ended March 2012 as against Rs 31.11 crore during the previous year ended March 2011.
| Particulars | Quarter Ended | Year Ended |
| | Mar. 2012 | Mar. 2011 | % Var. | Mar. 2012 | Mar. 2011 | % Var. |
| Sales | 4.05 | 8.31 | -51 | 22.71 | 31.11 | -27 |
| OPM % | -47.41 | 50.66 | -194 | 38.57 | 30.15 | 28 |
| PBDT | -0.38 | 4.31 | PL | 12.44 | 11.21 | 11 |
| PBT | -2.92 | 1.60 | PL | 2.22 | -0.65 | LP |
| NP | -16.66 | -0.68 | -2350 | -16.61 | -1.01 | -1545 |