Zenith Fibres standalone net profit declines 64.78% in the March 2017 quarter

Sales decline 24.26% to Rs 13.58 crore

Net profit of Zenith Fibres declined 64.78% to Rs 0.87 crore in the quarter ended March 2017 as against Rs 2.47 crore during the previous quarter ended March 2016. Sales declined 24.26% to Rs 13.58 crore in the quarter ended March 2017 as against Rs 17.93 crore during the previous quarter ended March 2016.

For the full year,net profit declined 36.87% to Rs 5.36 crore in the year ended March 2017 as against Rs 8.49 crore during the previous year ended March 2016. Sales declined 18.31% to Rs 52.14 crore in the year ended March 2017 as against Rs 63.83 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales13.5817.93 -24 52.1463.83 -18 OPM %9.3518.52 -13.2017.55 - PBDT1.504.00 -63 8.8213.89 -37 PBT1.353.82 -65 8.2013.17 -38 NP0.872.47 -65 5.368.49 -37

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