Net loss of Ansal Buildwell reported to Rs 1.12 crore in the quarter ended March 2018 as against net profit of Rs 11.93 crore during the previous quarter ended March 2017. Sales declined 11.78% to Rs 25.23 crore in the quarter ended March 2018 as against Rs 28.60 crore during the previous quarter ended March 2017.

For the full year,net profit reported to Rs 1.43 crore in the year ended March 2018 as against net loss of Rs 1.17 crore during the previous year ended March 2017. Sales rose 41.46% to Rs 71.89 crore in the year ended March 2018 as against Rs 50.82 crore during the previous year ended March 2017.

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Ansal Buildwell announced that the Board of Directors of the Company at its meeting held on 30 May 2018, inter alia, have recommended the final dividend of Rs 0.5 per equity Share (i.e. 5%) , subject to the approval of the shareholders.

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Ansal Buildwell will hold a meeting of the Board of Directors of the Company on 30 May 2018.

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Ansal Buildwell announced that Deep Chand has resigned from Independent Directorship of the company vide his resignation letter dated 26 March 2018.

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