Pipavav Defence & Offshore Engineering Company reported net loss to Rs 12.82 crore in the quarter ended March 2012 as against net profit of Rs 49.28 crore during the previous quarter ended March 2011. Sales rose 138.73% to Rs 617.88 crore in the quarter ended March 2012 as against Rs 258.82 crore during the previous quarter ended March 2011.
For the Audited full year,net profit declined 53.58% to Rs 18.52 crore in the year ended March 2012 as against Rs 39.90 crore during the previous year ended March 2011. Sales rose 117.12% to Rs 1867.06 crore in the year ended March 2012 as against Rs 859.93 crore during the previous year ended March 2011.
| Particulars | Quarter Ended | Year Ended |
| | Mar. 2012 | Mar. 2011 | % Var. | Mar. 2012 | Mar. 2011 | % Var. |
| Sales | 617.88 | 258.82 | 139 | 1867.06 | 859.93 | 117 |
| OPM % | 21.12 | 41.89 | -50 | 22.09 | 18.62 | 19 |
| PBDT | 53.77 | 69.80 | -23 | 178.59 | 96.68 | 85 |
| PBT | 24.55 | 57.34 | -57 | 72.70 | 47.95 | 52 |
| NP | -12.82 | 49.28 | PL | 18.52 | 39.90 | -54 |