Zenith Fibres reports standalone net profit of Rs 0.17 crore in the March 2024 quarter

Sales rise 5.38% to Rs 8.81 crore

Net profit of Zenith Fibres reported to Rs 0.17 crore in the quarter ended March 2024 as against net loss of Rs 0.23 crore during the previous quarter ended March 2023. Sales rose 5.38% to Rs 8.81 crore in the quarter ended March 2024 as against Rs 8.36 crore during the previous quarter ended March 2023.

For the full year,net profit declined 53.52% to Rs 1.32 crore in the year ended March 2024 as against Rs 2.84 crore during the previous year ended March 2023. Sales declined 31.65% to Rs 34.28 crore in the year ended March 2024 as against Rs 50.15 crore during the previous year ended March 2023.

ParticularsQuarter EndedYear EndedMar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var.Sales8.818.36 5 34.2850.15 -32 OPM %-6.58-8.61 --0.904.35 - PBDT0.43-0.09 LP 2.554.72 -46 PBT0.23-0.29 LP 1.743.83 -55 NP0.17-0.23 LP 1.322.84 -54

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