Net profit of Empire Industries declined 20.39% to Rs 9.41 crore in the quarter ended March 2018 as against Rs 11.82 crore during the previous quarter ended March 2017. Sales rose 45.95% to Rs 176.34 crore in the quarter ended March 2018 as against Rs 120.82 crore during the previous quarter ended March 2017.

For the full year,net profit rose 36.98% to Rs 46.67 crore in the year ended March 2018 as against Rs 34.07 crore during the previous year ended March 2017. Sales rose 16.81% to Rs 473.30 crore in the year ended March 2018 as against Rs 405.20 crore during the previous year ended March 2017.

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Empire Industries announced that the Board of Directors of the Company at its meeting held on 30 May 2018, inter alia, have recommended the final dividend of Rs 25 per equity Share (i.e. 250%) , subject to the approval of the shareholders.

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Empire Industries will hold a meeting of the Board of Directors of the Company on 30 May 2018, inter alia, to consider approval of Audited Financial Results for the Quarter and Year ended March 31, 2018 and recommendation of Dividend, if any, for the financial year '2017-2018, subject to the approval of the shareholders at the ensuing Annual General Meeting of the Company.

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Net profit of Empire Industries rose 154.45% to Rs 19.72 crore in the quarter ended December 2017 as against Rs 7.75 crore during the previous quarter ended December 2016. Sales rose 19.09% to Rs 71.37 crore in the quarter ended December 2017 as against Rs 59.93 crore during the previous quarter ended December 2016.

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