zenith computers ltd (ZC) Snapshot

Zenith Computers Ltd. announced audited financial results for the fourth quarter and year ended March 31, 2013. For the quarter, the company reported net sales/income from operations of INR 242.817 million against INR 548.196 million a year ago. Loss from operations before other income and finance costs was INR 176.175 million against profit from operations before other income, finance costs and exceptional items of INR 56.137 million a year ago. Loss from ordinary activities before tax was INR 194.839 against profit from ordinary activities before tax of INR 1.948 million a year ago. Loss from ordinary activities for the period was INR 194.839 million or INR 12.59 per diluted share against profit of INR 2.170 million or INR 0.14 per diluted share a year ago. For the year, the company reported net sales/income from operations of INR 1,071.652 million against INR 1,894.564 million a year ago. Profit from operations before other income and finance costs was INR 234.050 million against profit from operations before other income, finance costs and exceptional items of INR 116.197 million a year ago. Loss from ordinary activities before tax was INR 338.644 against profit from ordinary activities before tax of INR 20.839 million a year ago. Loss from ordinary activities for the period was INR 338.644 million or INR 21.88 per diluted share against profit of INR 17.283 million or INR 1.12 per diluted share a year ago. The company reported assets write off of INR 64.449 million against INR 86.138 million a quarter ago.

Zenith Computers Ltd announced that they will report Q4, 2013 results on May 30, 2013

Zenith Computers Ltd, Board Meeting, May 30, 2013. Agenda: To consider the audited financial results for the fourth quarter and for the year ended March 31, 2013 along with the audited statement of assets and liabilities as at March 31, 2013; and to recommend pass over of dividend in respect of the year that is there would no recommendation for payment of dividend in respect of the year.