Net profit of Jay Shree Tea & Industries declined 44.27% to Rs 2.09 crore in the quarter ended June 2017 as against Rs 3.75 crore during the previous quarter ended June 2016. Sales rose 6.25% to Rs 91.98 crore in the quarter ended June 2017 as against Rs 86.57 crore during the previous quarter ended June 2016.

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Jay Shree Tea & Industries will hold a meeting of the Board of Directors of the Company on 6 September 2017.

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Jay Shree Tea & Industries announced that the Board of Directors of the Company at its meeting held on 8 May 2017, inter alia, have recommended the final dividend of Rs 0.5 per equity Share (i.e. 10%) , subject to the approval of the shareholders.

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Net Loss of Jay Shree Tea & Industries reported to Rs 41.79 crore in the quarter ended March 2017 as against net loss of Rs 33.72 crore during the previous quarter ended March 2016. Sales declined 2.34% to Rs 128.60 crore in the quarter ended March 2017 as against Rs 131.68 crore during the previous quarter ended March 2016.

For the full year,net loss reported to Rs 15.45 crore in the year ended March 2017 as against net loss of Rs 19.16 crore during the previous year ended March 2016. Sales declined 22.09% to Rs 535.88 crore in the year ended March 2017 as against Rs 687.85 crore during the previous year ended March 2016.

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