B&A Packaging India announced that the Board of Directors of the Company at its meeting held on 19 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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Net profit of B & A Packaging India rose 200.00% to Rs 0.06 crore in the quarter ended March 2018 as against Rs 0.02 crore during the previous quarter ended March 2017. Sales rose 35.32% to Rs 15.21 crore in the quarter ended March 2018 as against Rs 11.24 crore during the previous quarter ended March 2017.

For the full year,net profit rose 27.66% to Rs 4.80 crore in the year ended March 2018 as against Rs 3.76 crore during the previous year ended March 2017. Sales rose 27.28% to Rs 67.98 crore in the year ended March 2018 as against Rs 53.41 crore during the previous year ended March 2017.

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B & A Packaging India announced that dividend, if approved by the shareholders in the ensuing Annual General Meeting will be paid on or after 26 September 2018.

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B&A Packaging India will hold a meeting of the Board of Directors of the Company on 19 May 2018, to consider inter-alia the audited financial results of the company for the financial year ended 31st March, 2018 and Statement of Assets and Liabilities as on that date and consider recommending dividend to the shareholders of the Company in the ensuing annual general meeting for the financial year 2017-18.

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