Net profit of Flex Foods declined 58.93% to Rs 1.77 crore in the quarter ended March 2018 as against Rs 4.31 crore during the previous quarter ended March 2017. Sales declined 5.31% to Rs 21.59 crore in the quarter ended March 2018 as against Rs 22.80 crore during the previous quarter ended March 2017.

For the full year,net profit declined 13.25% to Rs 6.81 crore in the year ended March 2018 as against Rs 7.85 crore during the previous year ended March 2017. Sales rose 8.03% to Rs 87.43 crore in the year ended March 2018 as against Rs 80.93 crore during the previous year ended March 2017.

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The Board of Flex Foods does not recommend dividend for the financial year 2017-18.

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The Board of Flex Foods has approved in-principal to set up a plant at Tamil Nadu and authorised the Committee of Directors to do all the necessary act (including finalising details of project).

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Net profit of Flex Foods rose 331.25% to Rs 1.38 crore in the quarter ended December 2017 as against Rs 0.32 crore during the previous quarter ended December 2016. Sales rose 17.77% to Rs 21.27 crore in the quarter ended December 2017 as against Rs 18.06 crore during the previous quarter ended December 2016.

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