Net profit of Man Industries (India) rose 675.47% to Rs 12.33 crore in the quarter ended March 2020 as against Rs 1.59 crore during the previous quarter ended March 2019. Sales rose 157.53% to Rs 681.61 crore in the quarter ended March 2020 as against Rs 264.67 crore during the previous quarter ended March 2019.

For the full year,net profit declined 5.94% to Rs 53.98 crore in the year ended March 2020 as against Rs 57.39 crore during the previous year ended March 2019. Sales declined 20.60% to Rs 1759.09 crore in the year ended March 2020 as against Rs 2215.39 crore during the previous year ended March 2019.

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Man Industries (India) will hold a meeting of the Board of Directors of the Company on 23 June 2020.

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Man Industries (India) has fixed 21 March 2020 as record date for payment of interim dividend of Re 1 per share for FY 2020.

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Man Industries (India) announced that the Board of Directors of the Company at its meeting held on 12 March 2020, inter alia, have recommended the interim dividend of Rs 1 per equity Share (i.e. 20%) , subject to the approval of the shareholders.

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