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Zodiac Clothing reports 49% fall in Q4 net profit

30 May 2013 Evaluate

Zodiac Clothing Company has reported results for the fourth quarter and year ended March 31, 2013.

The company has reported a fall of 49.08% in its net profit at Rs 1.94 crore in Q4FY13 as compared to net profit of Rs 3.81 crore in the same quarter previous year. However, total income from operation of the company has increased by 9.75% to Rs 82.30 crore as compared to Rs 74.99 crore in corresponding quarter last year.

For the year ended March 31, 2013, the company has registered 0.73% rise in its net profit at Rs 11.06 crore in FY13 as against Rs 10.98 crore in previous years. Total income from operation of the company has decreased to Rs 307.63 crore as compared to Rs 308.08 crore in FY12, down marginally by 0.14%.

On consolidated basis, for the full year ended March 31, 2013, the company has posted a 21.01% fall in its net profit at Rs 14.02 crore under year under review as compared to Rs 17.75 crore in FY12. Total income has decreased by 4.65% at Rs 359.98 crore for year under review as compared to Rs 377.54 crore for the period ended March 31, 2012.

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