Mahindra EPC Irrigation announced that the Board of Directors of the Company at its meeting held on 15 May 2020, has recommended a Final dividend of Rs.1.20 per share (i.e.12%), subject to the approval of the shareholders.

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Mahindra EPC Irrigation announced that the Board of Directors of the Company at its meeting held on 14 May 2020, inter alia, have recommended the final dividend of Rs 1.2 per equity Share (i.e. 12%) , subject to the approval of the shareholders.

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Net profit of Mahindra EPC Irrigation rose 79.89% to Rs 9.57 crore in the quarter ended March 2020 as against Rs 5.32 crore during the previous quarter ended March 2019. Sales rose 11.69% to Rs 82.66 crore in the quarter ended March 2020 as against Rs 74.01 crore during the previous quarter ended March 2019.

For the full year,net profit rose 104.07% to Rs 23.04 crore in the year ended March 2020 as against Rs 11.29 crore during the previous year ended March 2019. Sales rose 9.17% to Rs 283.96 crore in the year ended March 2020 as against Rs 260.11 crore during the previous year ended March 2019.

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Mahindra EPC Irrigation will hold a meeting of the Board of Directors of the Company on 14 May 2020.

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