Net loss of Alkali Metals reported to Rs 2.25 crore in the quarter ended March 2020 as against net profit of Rs 0.90 crore during the previous quarter ended March 2019. Sales declined 45.07% to Rs 11.54 crore in the quarter ended March 2020 as against Rs 21.01 crore during the previous quarter ended March 2019.

For the full year,net profit declined 26.04% to Rs 1.25 crore in the year ended March 2020 as against Rs 1.69 crore during the previous year ended March 2019. Sales declined 0.99% to Rs 70.85 crore in the year ended March 2020 as against Rs 71.56 crore during the previous year ended March 2019.

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Alkali Metals will hold a meeting of the Board of Directors of the Company on 12 June 2020.

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Net profit of Alkali Metals rose 2820.00% to Rs 1.46 crore in the quarter ended December 2019 as against Rs 0.05 crore during the previous quarter ended December 2018. Sales rose 12.14% to Rs 20.87 crore in the quarter ended December 2019 as against Rs 18.61 crore during the previous quarter ended December 2018.

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Alkali Metals announced that the Board of Directors of the Company at its meeting held on 29 January 2020, has recommended a Interim dividend of Rs.1 per share (i.e.10%), subject to the approval of the shareholders.

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