Net profit of Wires & Fabriks (S.A) declined 17.74% to Rs 1.02 crore in the quarter ended March 2007 as against Rs 1.24 crore during the previous quarter ended March 2006. Sales rose 4.50% to Rs 12.78 crore in the quarter ended March 2007 as against Rs 12.23 crore during the previous quarter ended March 2006.