Everest Organics announced that the Board of Directors of the Company at its meeting held on 25 June 2020, has recommended a Final dividend of Rs.1 per share (i.e.10%), subject to the approval of the shareholders.

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Net profit of Everest Organics rose 321.28% to Rs 3.96 crore in the quarter ended March 2020 as against Rs 0.94 crore during the previous quarter ended March 2019. Sales declined 11.13% to Rs 46.29 crore in the quarter ended March 2020 as against Rs 52.09 crore during the previous quarter ended March 2019.

For the full year,net profit rose 45.14% to Rs 10.90 crore in the year ended March 2020 as against Rs 7.51 crore during the previous year ended March 2019. Sales rose 7.29% to Rs 167.21 crore in the year ended March 2020 as against Rs 155.85 crore during the previous year ended March 2019.

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Everest Organics will hold a meeting of the Board of Directors of the Company on 25 June 2020.

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Net profit of Everest Organics declined 47.99% to Rs 1.81 crore in the quarter ended December 2019 as against Rs 3.48 crore during the previous quarter ended December 2018. Sales declined 1.17% to Rs 39.69 crore in the quarter ended December 2019 as against Rs 40.16 crore during the previous quarter ended December 2018.

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