Mazda announced that the Board of Directors of the Company at its meeting held on 29 June 2020, inter alia, have recommended the final dividend of Rs 2.5 per equity Share (i.e. 25%) , subject to the approval of the shareholders.

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Net profit of Mazda rose 0.43% to Rs 4.66 crore in the quarter ended March 2020 as against Rs 4.64 crore during the previous quarter ended March 2019. Sales declined 15.63% to Rs 46.86 crore in the quarter ended March 2020 as against Rs 55.54 crore during the previous quarter ended March 2019.

For the full year,net profit rose 18.09% to Rs 16.65 crore in the year ended March 2020 as against Rs 14.10 crore during the previous year ended March 2019. Sales rose 29.61% to Rs 179.68 crore in the year ended March 2020 as against Rs 138.63 crore during the previous year ended March 2019.

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Mazda will hold a meeting of the Board of Directors of the Company on 29 June 2020.

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Mazda announced that the Board of Directors of the Company at its meeting held on 13 February 2020, has recommended a Interim dividend of Rs.7.5 per share (i.e.75%), subject to the approval of the shareholders.

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