Dutron Polymers announced that the 42nd Annual General Meeting (AGM) of the company will be held on 30 June 2023.

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Dutron Polymers announced that the Board of Directors of the Company at its meeting held on 09 May 2023, has recommended a Final dividend of Rs.1.40 per share (i.e.14%), subject to the approval of the shareholders.

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Net profit of Dutron Polymers rose 2.90% to Rs 0.71 crore in the quarter ended March 2023 as against Rs 0.69 crore during the previous quarter ended March 2022. Sales declined 21.56% to Rs 28.02 crore in the quarter ended March 2023 as against Rs 35.72 crore during the previous quarter ended March 2022.

For the full year,net profit declined 11.03% to Rs 2.58 crore in the year ended March 2023 as against Rs 2.90 crore during the previous year ended March 2022. Sales rose 5.91% to Rs 131.91 crore in the year ended March 2023 as against Rs 124.55 crore during the previous year ended March 2022.

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Dutron Polymers will hold a meeting of the Board of Directors of the Company on 9 May 2023.

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