Earnings review: Zuari Industries Q1 results

Zuari Industries has posted 16.72 per cent rise in net profit of Rs 32.4 crore for the quarter ended June 30, 2011 as compared to Rs 27.8 crore a year earlier. Suresh Krishnan, MD of Zuari Industries, termed the first quarter results as satisfactory and said the urea decontrol policy would be a positive for the industry.