Net Loss of Kiran Vyapar reported to Rs 5.41 crore in the quarter ended March 2020 as against net loss of Rs 2.46 crore during the previous quarter ended March 2019. Sales declined 92.27% to Rs 1.66 crore in the quarter ended March 2020 as against Rs 21.47 crore during the previous quarter ended March 2019.

For the full year,net profit declined 32.17% to Rs 9.55 crore in the year ended March 2020 as against Rs 14.08 crore during the previous year ended March 2019. Sales declined 41.76% to Rs 31.17 crore in the year ended March 2020 as against Rs 53.52 crore during the previous year ended March 2019.

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Net loss of Kiran Vyapar reported to Rs 15.04 crore in the quarter ended March 2020 as against net profit of Rs 3.74 crore during the previous quarter ended March 2019. Sales declined 81.74% to Rs 6.40 crore in the quarter ended March 2020 as against Rs 35.04 crore during the previous quarter ended March 2019.

For the full year,net loss reported to Rs 8.21 crore in the year ended March 2020 as against net profit of Rs 22.64 crore during the previous year ended March 2019. Sales declined 41.05% to Rs 59.36 crore in the year ended March 2020 as against Rs 100.70 crore during the previous year ended March 2019.

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Kiran Vyapar announced that the Board of Directors of the Company at its meeting held on 15 June 2020, has recommended a Final dividend of Rs.0.75 per share (i.e.7.50%), subject to the approval of the shareholders.

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Kiran Vyapar will hold a meeting of the Board of Directors of the Company on 15 June 2020.

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