Kriti Nutrients Ltd Share Price – NSE  /  BSE

Edible Oil, Small Cap

The Board of Kriti Nutrients at its meeting held on 18 June 2024 has decided to invest up to Rs 50 crore in convertible warrants of Kriti Industries (India) (KIIL).

The transaction is being done in the arm's length basis.

KIIL is in the business of manufacturing pipes.

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Kriti Nutrients announced that the 28th Annual General Meeting(AGM) of the company will be held on 18 June 2024.

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Kriti Nutrients announced that the Board of Directors of the Company at its meeting held on 3 May 2024, inter alia, have recommended the final dividend of Rs 0.3 per equity Share (i.e. 30%) , subject to the approval of the shareholders.

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Net profit of Kriti Nutrients rose 55.42% to Rs 8.75 crore in the quarter ended March 2024 as against Rs 5.63 crore during the previous quarter ended March 2023. Sales declined 4.92% to Rs 172.27 crore in the quarter ended March 2024 as against Rs 181.18 crore during the previous quarter ended March 2023.

For the full year,net profit rose 117.74% to Rs 45.29 crore in the year ended March 2024 as against Rs 20.80 crore during the previous year ended March 2023. Sales declined 14.12% to Rs 684.36 crore in the year ended March 2024 as against Rs 796.87 crore during the previous year ended March 2023.

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