Alembic announced that the Board of Directors of the Company at its meeting held on 17 May 2018, has recommended a final dividend of Rs.0.20 per share (i.e.10%), subject to the approval of the shareholders.

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Net profit of Alembic rose 9.49% to Rs 33.11 crore in the quarter ended March 2018 as against Rs 30.24 crore during the previous quarter ended March 2017. Sales declined 7.31% to Rs 33.21 crore in the quarter ended March 2018 as against Rs 35.83 crore during the previous quarter ended March 2017.

For the full year,net profit rose 12.10% to Rs 162.98 crore in the year ended March 2018 as against Rs 145.39 crore during the previous year ended March 2017. Sales declined 14.85% to Rs 125.30 crore in the year ended March 2018 as against Rs 147.16 crore during the previous year ended March 2017.

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Net profit of Alembic rose 65.25% to Rs 4.66 crore in the quarter ended March 2018 as against Rs 2.82 crore during the previous quarter ended March 2017. Sales declined 7.31% to Rs 33.21 crore in the quarter ended March 2018 as against Rs 35.83 crore during the previous quarter ended March 2017.

For the full year,net profit rose 51.98% to Rs 41.78 crore in the year ended March 2018 as against Rs 27.49 crore during the previous year ended March 2017. Sales declined 14.85% to Rs 125.30 crore in the year ended March 2018 as against Rs 147.16 crore during the previous year ended March 2017.

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Alembic will hold a meeting of the Board of Directors of the Company on 17 May 2018, to consider and approve Audited Financial Results of the Company for the financial year ended March 31, 2018, and to consider and recommend dividend on Equity Shares, if any, for the financial year ended March 31, 2018.

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