zenith exports ltd (ZE) Snapshot

Zenith Exports Ltd. reported audited earnings results for the fourth quarter and year ended March 31, 2013. For the quarter, the company reported net sales/income from operations was INR 753.2 million compared to INR 636.8 million a year ago. Loss from operations before other income, finance costs and exceptional items was INR 5.0 million compared to loss from operations before other income, finance costs and exceptional items of INR 6.4 million a year ago. Loss from ordinary activities before tax was INR 3.0 million compared to INR 0.2 million a year ago. Net loss for the period was INR 1.8 million or INR 0.33 per basic and diluted share before and after extra ordinary items compared to INR 0.2 million or INR 0.04 per basic and diluted share before and after extra ordinary items a year ago. For the year, the company reported net sales/income from operations was INR 2,701.3 million compared to INR 2,548.5 million a year ago. Profit from operations before other income, finance costs and exceptional items was INR 42.8 million compared to INR 17.0 million a year ago. Profit from ordinary activities before tax was INR 11.6 million compared to loss from ordinary activities before tax of INR 7.7 million a year ago. Net profit for the period was INR 8.4 million or INR 1.55 per basic and diluted share before and after extra ordinary items compared to net loss for the period of INR 3.4 million or INR 0.64 per basic and diluted share before and after extra ordinary items a year ago.

Zenith Exports Ltd. announced that they will report Q4, 2013 results on May 24, 2013

Zenith Exports Ltd., Board Meeting, May 24, 2013. Agenda: To consider, Audited Financial Results of the company for the quarter & financial year ended March 31, 2013 and discuss other matters.