Jay Shree Tea & Industries Ltd. reported audited standalone earnings results for the fourth quarter and full year and consolidated earnings results for the full year ended March 31, 2013. For the quarter, on standalone basis, the company reported net sales/income from operations of INR 1,413.5 million against INR 1,471.9 million for the same period in the last year. Total income from operations (net) was INR 1,476.8 million against INR 1,508.1 million for the same period in the last year. Loss from operations before other income, finance costs and exceptional items was INR 254.4 million against INR 307.0 million for the same period in the last year. Loss from ordinary activities before tax was INR 234.8 million against INR 310.8 million for the same period in the last year. Net loss was INR 364.5 million against INR 340.7 million for the same period in the last year. Loss per basic and diluted share before and after extraordinary items was INR 12.62 against INR 11.80 for the same period in the last year. For the year, on standalone basis, the company reported net sales/income from operations of INR 6,582.7 million against INR 6,085.8 million for the same period in the last year. Total income from operations (net) was INR 6,694.7 million against INR 6,169.5 million for the same period in the last year. Profit from operations before other income, finance costs and exceptional items was INR 633.3 million against INR 302.5 million for the same period in the last year. Profit from ordinary activities before tax was INR 530.4 million against INR 173.1 million for the same period in the last year. Net profit was INR 400.7 million against INR 143.2 million for the same period in the last year. Earnings per basic and diluted share before and after extraordinary items were INR 13.87 against INR 4.96 for the same period in the last year. For the year, on consolidated basis, the company reported net sales/income from operations of INR 6,983.5 million against INR 6,546.0 million for the same period in the last year. Total income from operations (net) was INR 7,096.6 million against INR 6,630.2 million for the same period in the last year. Profit from operations before other income, finance costs and exceptional items was INR 704.5 million against INR 363.6 million for the same period in the last year. Profit from ordinary activities before tax was INR 587.1 million against INR 230.2 million for the same period in the last year. Net profit was INR 447.1 million against INR 223.8 million for the same period in the last year. Earnings per basic and diluted share before and after extraordinary items were INR 15.38 against INR 7.06 for the same period in the last year.

Jay Shree Tea & Industries Ltd. announced that its board of directors recommended a dividend of INR 4 per share for the full year of fiscal 2013.

Jay Shree Tea & Industries Ltd., Board Meeting, May 06, 2013. Agenda: To consider audited results and dividend.