Zenith Exports standalone net profit declines 59.89% in the March 2016 quarter

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Sales decline 18.13% to Rs 50.54 crore
Net profit of Zenith Exports declined 59.89% to Rs 0.71 crore in the quarter ended March 2016 as against Rs 1.77 crore during the previous quarter ended March 2015. Sales declined 18.13% to Rs 50.54 crore in the quarter ended March 2016 as against Rs 61.73 crore during the previous quarter ended March 2015.For the full year,net profit rose 100.00% to Rs 0.16 crore in the year ended March 2016 as against Rs 0.08 crore during the previous year ended March 2015. Sales declined 8.92% to Rs 226.49 crore in the year ended March 2016 as against Rs 248.67 crore during the previous year ended March 2015.
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First Published: May 25 2016 | 5:19 PM IST