Net profit of Gujarat Raffia Industries declined 23.81% to Rs 0.16 crore in the quarter ended June 2011 as against Rs 0.21 crore during the previous quarter ended June 2010. Sales declined 10.38% to Rs 7.17 crore in the quarter ended June 2011 as against Rs 8.00 crore during the previous quarter ended June 2010.
| Particulars | Quarter Ended |
| | Jun. 2011 | Jun. 2010 | % Var. |
| Sales | 7.17 | 8.00 | -10 |
| OPM % | 5.58 | 5.13 | 9 |
| PBDT | 0.36 | 0.37 | -3 |
| PBT | 0.19 | 0.21 | -10 |
| NP | 0.16 | 0.21 | -24 |