Net profit of Hitech Corporation rose 165.71% to Rs 1.86 crore in the quarter ended June 2018 as against Rs 0.70 crore during the previous quarter ended June 2017. Sales rose 18.98% to Rs 109.39 crore in the quarter ended June 2018 as against Rs 91.94 crore during the previous quarter ended June 2017.

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Hitech Corp. will hold a meeting of the Board of Directors of the Company on 8 August 2018.

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Net profit of Hitech Corporation rose 185.96% to Rs 5.09 crore in the quarter ended March 2018 as against Rs 1.78 crore during the previous quarter ended March 2017. Sales rose 5.89% to Rs 99.90 crore in the quarter ended March 2018 as against Rs 94.34 crore during the previous quarter ended March 2017.

For the full year,net profit declined 17.09% to Rs 7.76 crore in the year ended March 2018 as against Rs 9.36 crore during the previous year ended March 2017. Sales rose 5.59% to Rs 385.48 crore in the year ended March 2018 as against Rs 365.06 crore during the previous year ended March 2017.

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Hitech Corporation announced that the Board of Directors of the Company at its meeting held on 14 May 2018, inter alia, has recommended the final dividend of Rs.0.90 per share (i.e.9%), subject to the approval of the shareholders.

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