Bholanath International reported net loss of Rs 0.19 crore in the quarter ended March 2008 as against net profit of Rs 0.12 crore during the previous quarter ended March 2007. Sales declined 45.10% to Rs 5.27 crore in the quarter ended March 2008 as against Rs 9.60 crore during the previous quarter ended March 2007.

For the full year, net profit reported to Rs 0.27 crore in the year ended March 2008 as against net loss of Rs 0.02 crore during the previous year ended March 2007. Sales declined 19.00% to Rs 30.43 crore in the year ended March 2008 as against Rs 37.57 crore during the previous year ended March 2007.