Nahar Capital & Financial Services announced that the Board of Directors of the Company at its meeting held on 30 May 2023, inter alia, have recommended the final dividend of Rs 1.5 per equity Share (i.e. 30%) , subject to the approval of the shareholders.

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Net profit of Nahar Capital & Financial Services declined 62.11% to Rs 15.66 crore in the quarter ended March 2023 as against Rs 41.33 crore during the previous quarter ended March 2022. Sales rose 24.01% to Rs 5.32 crore in the quarter ended March 2023 as against Rs 4.29 crore during the previous quarter ended March 2022.

For the full year,net profit declined 52.87% to Rs 106.72 crore in the year ended March 2023 as against Rs 226.46 crore during the previous year ended March 2022. Sales declined 14.95% to Rs 25.54 crore in the year ended March 2023 as against Rs 30.03 crore during the previous year ended March 2022.

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Nahar Capital & Financial Services will hold a meeting of the Board of Directors of the Company on 30 May 2023.

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Net profit of Nahar Capital & Financial Services declined 93.02% to Rs 4.95 crore in the quarter ended December 2022 as against Rs 70.87 crore during the previous quarter ended December 2021. Sales declined 43.08% to Rs 6.21 crore in the quarter ended December 2022 as against Rs 10.91 crore during the previous quarter ended December 2021.

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