SIP Industries reported net loss of Rs 0.07 crore in the quarter ended March 2012 as against net profit of Rs 0.01 crore during the previous quarter ended March 2011. Sales declined 33.33% to Rs 0.22 crore in the quarter ended March 2012 as against Rs 0.33 crore during the previous quarter ended March 2011.
| Particulars | Quarter Ended |
| | Mar. 2012 | Mar. 2011 | % Var. |
| Sales | 0.22 | 0.33 | -33 |
| OPM % | 0 | 24.24 | -100 |
| PBDT | 0 | 0.08 | -100 |
| PBT | -0.07 | 0.01 | PL |
| NP | -0.07 | 0.01 | PL |