Crest Ventures announced that the Board of Directors of the Company at its meeting held on 27 June 2020, has recommended a Final dividend of Rs.0.50 per share (i.e.5%), subject to the approval of the shareholders.

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Net profit of Crest Ventures declined 36.79% to Rs 6.46 crore in the quarter ended March 2020 as against Rs 10.22 crore during the previous quarter ended March 2019. Sales rose 17.17% to Rs 16.65 crore in the quarter ended March 2020 as against Rs 14.21 crore during the previous quarter ended March 2019.

For the full year,net profit declined 5.33% to Rs 45.30 crore in the year ended March 2020 as against Rs 47.85 crore during the previous year ended March 2019. Sales rose 27.42% to Rs 66.64 crore in the year ended March 2020 as against Rs 52.30 crore during the previous year ended March 2019.

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Crest Ventures will hold a meeting of the Board of Directors of the Company on 12 February 2020.

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Net profit of Crest Ventures declined 0.67% to Rs 14.89 crore in the quarter ended September 2019 as against Rs 14.99 crore during the previous quarter ended September 2018. Sales rose 27.05% to Rs 17.47 crore in the quarter ended September 2019 as against Rs 13.75 crore during the previous quarter ended September 2018.

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