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Zenith Fibres standalone net profit declines 63.64% in the March 2018 quarter

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Capital Market

Sales decline 50.66% to Rs 6.70 crore

Net profit of Zenith Fibres declined 63.64% to Rs 0.60 crore in the quarter ended March 2018 as against Rs 1.65 crore during the previous quarter ended March 2017. Sales declined 50.66% to Rs 6.70 crore in the quarter ended March 2018 as against Rs 13.58 crore during the previous quarter ended March 2017.

For the full year,net profit declined 47.96% to Rs 3.19 crore in the year ended March 2018 as against Rs 6.13 crore during the previous year ended March 2017. Sales declined 30.99% to Rs 36.21 crore in the year ended March 2018 as against Rs 52.47 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales6.7013.58 -51 36.2152.47 -31 OPM %7.4611.93 -7.7114.35 - PBDT1.002.57 -61 5.339.89 -46 PBT0.872.42 -64 4.789.27 -48 NP0.601.65 -64 3.196.13 -48

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First Published: May 24 2018 | 6:08 PM IST

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