parikh herbals ltd (PHL) Snapshot

Parikh Herbals Ltd., Board Meeting, May 30, 2013. Agenda: To approve the audited earnings results for the fourth quarter and full year ended March 31, 2013.

Safal Herbs Limited reported audited earnings results for the fourth quarter and full year ended March 31, 2013. For the quarter, the company reported net loss after tax of INR 0.220 million on net sales or income from operation of INR 3.644 million against net profit after tax of INR 0.134 million or INR 0.02 per basic and diluted share after extraordinary items on net sales or income from operation of INR 2.369 million a year ago. Loss before tax of INR 0.225 million compared to profit before tax was INR 0.185 million a year ago. For the full year, the company reported net profit after tax of INR 0.145 million or INR 0.02 per basic and diluted share after extraordinary items on net sales or income from operation of INR 15.332 million against net profit after tax of INR 0.304 million or INR 0.04 per basic and diluted share after extraordinary items on net sales or income from operation of INR 6.289 million a year ago. Profit before tax of INR 0.210 million compared to INR 0.440 million a year ago.

Parikh Herbals Ltd. announced that Mr. Jignesh J. Dayani had resigned from the directorship of the company with effective from February 25, 2013.