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

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