Agarwal Industrial Corporation announced that the Board of Directors of the Company at its meeting held on 30 June 2020, inter alia, have recommended the final dividend of Rs 1.5 per equity Share (i.e. 15%) , subject to the approval of the shareholders.

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Agarwal Industrial Corp announced that the Board of Directors of the Company at its meeting held on 30 June 2020, inter alia, have recommended the final dividend of Rs 1.50 per equity Share (i.e. 15%) , subject to the approval of the shareholders.

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Net profit of Agarwal Industrial Corporation rose 27.59% to Rs 6.15 crore in the quarter ended March 2020 as against Rs 4.82 crore during the previous quarter ended March 2019. Sales rose 57.28% to Rs 294.31 crore in the quarter ended March 2020 as against Rs 187.13 crore during the previous quarter ended March 2019.

For the full year,net profit rose 11.73% to Rs 14.76 crore in the year ended March 2020 as against Rs 13.21 crore during the previous year ended March 2019. Sales rose 42.16% to Rs 751.60 crore in the year ended March 2020 as against Rs 528.69 crore during the previous year ended March 2019.

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Agarwal Industrial Corporation will hold a meeting of the Board of Directors of the Company on 30 June 2020.

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