Net profit of Eimco Elecon (India) declined 43.03% to Rs 8.71 crore in the quarter ended March 2018 as against Rs 15.29 crore during the previous quarter ended March 2017. Sales rose 26.91% to Rs 66.45 crore in the quarter ended March 2018 as against Rs 52.36 crore during the previous quarter ended March 2017.

For the full year,net profit declined 34.18% to Rs 16.27 crore in the year ended March 2018 as against Rs 24.72 crore during the previous year ended March 2017. Sales declined 18.17% to Rs 140.08 crore in the year ended March 2018 as against Rs 171.19 crore during the previous year ended March 2017.

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Net profit of Eimco Elecon (India) declined 42.89% to Rs 8.71 crore in the quarter ended March 2018 as against Rs 15.25 crore during the previous quarter ended March 2017. Sales rose 26.91% to Rs 66.45 crore in the quarter ended March 2018 as against Rs 52.36 crore during the previous quarter ended March 2017.

For the full year,net profit declined 34.48% to Rs 16.44 crore in the year ended March 2018 as against Rs 25.09 crore during the previous year ended March 2017. Sales declined 18.17% to Rs 140.08 crore in the year ended March 2018 as against Rs 171.19 crore during the previous year ended March 2017.

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Eimco Elecon (India) announced that the Board of Directors of the Company at its meeting held on 03 May 2018, inter alia, has recommended a dividend of Rs.5 per share (i.e.50%), subject to the approval of the shareholders.

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Eimco Elecon (India) will hold a meeting of the Board of Directors of the Company on 03 May 2018

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