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Danube Industries' Net Profit Declines in Fiscal Q4

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Danube Industries Ltd (BOM:540361) said its net profit fell to 2.6 million Indian rupees in the fiscal fourth quarter from 6.0 million rupees a year ago, according to a Monday filing to the Indian stock exchanges.

Earnings per share for the quarter ended March 31 slipped to 0.03 rupees from 0.18 rupees a year earlier.

Revenue from operations of the consumer electric goods retailer dropped year on year to 335.1 million rupees from 372.4 million rupees.

Shares of the company fell nearly 2% at market close on Tuesday.

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