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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Net profit of Jay Shree Tea & Industries declined 98.66% to Rs 0.19 crore in the quarter ended December 2016 as against Rs 14.14 crore during the previous quarter ended December 2015. Sales declined 28.97% to Rs 168.61 crore in the quarter ended December 2016 as against Rs 237.37 crore during the previous quarter ended December 2015.

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Net profit of Jay Shree Tea & Industries declined 27.59% to Rs 23.36 crore in the quarter ended September 2016 as against Rs 32.26 crore during the previous quarter ended September 2015. Sales declined 28.58% to Rs 153.31 crore in the quarter ended September 2016 as against Rs 214.66 crore during the previous quarter ended September 2015.

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