U. H. Zaveris profit shrinks 95.27% in FY2018-19
U. H. Zaveri registered Rs.8.82 Crore revenue in FY2018-19 decreasing by Rs.7.45 Crore as against previous years.
Company : Vaksons Automobiles Ltd
Gujarat based U. H. Zaveri Limited reported Rs.2.84 Lakh annual standalone profit in FY2018-19 whereas in the preceding year it was Rs.60.05 Lakh.
Reportedly in HY2 of FY2018-19, the company incurred Rs.2.69 Lakh net loss.
As per the reports published by Mr. Hitesh M. Shah, Managing Director of U. H. Zaveri Limited, in FY2018-19, the company achieved Rs.3.84 Lakh standalone profit before tax whereas in the last year, it was Rs.68.48 Lakh.
In HY ended on 31st March, 2019 the gem & jewellery company experienced Rs.4.09 Lakh loss before tax.
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