Haryana Leather Chemicals announced that the Board of Directors of the Company at its meeting held on 21 May 2018, has recommended a Final Dividend of Rs.0.80 per share (i.e.8%), subject to the approval of the shareholders.

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Net profit of Haryana Leather Chemicals rose 21.74% to Rs 0.56 crore in the quarter ended March 2018 as against Rs 0.46 crore during the previous quarter ended March 2017. Sales declined 6.31% to Rs 9.50 crore in the quarter ended March 2018 as against Rs 10.14 crore during the previous quarter ended March 2017.

For the full year,net profit declined 11.73% to Rs 1.73 crore in the year ended March 2018 as against Rs 1.96 crore during the previous year ended March 2017. Sales declined 8.91% to Rs 35.57 crore in the year ended March 2018 as against Rs 39.05 crore during the previous year ended March 2017.

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Haryana Leather Chemicals will hold a meeting of the Board of Directors of the Company on 21 May 2018, to consider, approve and to take on record the Audited Financial Results (Standalone and Consolidated) for the financial year ended and quarter ended on March 31, 2018, and to consider and review recommendation of Dividend, if any.

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Net profit of Haryana Leather Chemicals declined 37.04% to Rs 0.34 crore in the quarter ended December 2017 as against Rs 0.54 crore during the previous quarter ended December 2016. Sales declined 6.12% to Rs 8.75 crore in the quarter ended December 2017 as against Rs 9.32 crore during the previous quarter ended December 2016.

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