Manugraph India announced that the Board of Directors of the Company at its meeting held on 23 May 2018, has recommended a final dividend of Rs.0.60 per share (i.e.30%), subject to the approval of the shareholders.

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Net Loss of Manugraph India reported to Rs 8.71 crore in the quarter ended March 2018 as against net loss of Rs 47.07 crore during the previous quarter ended March 2017. Sales rose 14.16% to Rs 80.68 crore in the quarter ended March 2018 as against Rs 70.67 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 20.35 crore in the year ended March 2018 as against net loss of Rs 43.96 crore during the previous year ended March 2017. Sales declined 28.52% to Rs 184.66 crore in the year ended March 2018 as against Rs 258.32 crore during the previous year ended March 2017.

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Net profit of Manugraph India declined 5.11% to Rs 1.30 crore in the quarter ended December 2017 as against Rs 1.37 crore during the previous quarter ended December 2016. Sales declined 22.06% to Rs 45.14 crore in the quarter ended December 2017 as against Rs 57.92 crore during the previous quarter ended December 2016.

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Manugraph India will hold a meeting of the Board of Directors of the Company on 7 February 2018.

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