Weizmann Forex announced that the Annual General Meeting (AGM) of the company will be held on 27 September 2019.

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Net profit of Weizmann Forex declined 71.27% to Rs 2.02 crore in the quarter ended June 2019 as against Rs 7.03 crore during the previous quarter ended June 2018. Sales declined 21.16% to Rs 1950.95 crore in the quarter ended June 2019 as against Rs 2474.48 crore during the previous quarter ended June 2018.

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Weizmann Forex will hold a meeting of the Board of Directors of the Company on 14 August 2019.

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Net loss of Weizmann Forex reported to Rs 36.75 crore in the quarter ended March 2019 as against net profit of Rs 1.26 crore during the previous quarter ended March 2018. Sales rose 11.76% to Rs 1971.94 crore in the quarter ended March 2019 as against Rs 1764.47 crore during the previous quarter ended March 2018.

For the full year,net loss reported to Rs 13.64 crore in the year ended March 2019 as against net profit of Rs 34.14 crore during the previous year ended March 2018. Sales rose 19.09% to Rs 9160.33 crore in the year ended March 2019 as against Rs 7691.80 crore during the previous year ended March 2018.

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