Nahar Industrial Enterprises announced that the Annual General Meeting (AGM) of the company will be held on 28 September 2018.

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Net profit of Nahar Industrial Enterprises declined 93.12% to Rs 0.36 crore in the quarter ended June 2018 as against Rs 5.23 crore during the previous quarter ended June 2017. Sales rose 4.07% to Rs 470.22 crore in the quarter ended June 2018 as against Rs 451.83 crore during the previous quarter ended June 2017.

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Net profit of Nahar Industrial Enterprises rose 155.04% to Rs 12.65 crore in the quarter ended March 2018 as against Rs 4.96 crore during the previous quarter ended March 2017. Sales rose 1.11% to Rs 440.29 crore in the quarter ended March 2018 as against Rs 435.45 crore during the previous quarter ended March 2017.

For the full year,net profit declined 75.45% to Rs 17.22 crore in the year ended March 2018 as against Rs 70.13 crore during the previous year ended March 2017. Sales rose 2.33% to Rs 1754.70 crore in the year ended March 2018 as against Rs 1714.79 crore during the previous year ended March 2017.

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Nahar Industrial Enterprises will hold a meeting of the Board of Directors of the Company on 30 May 2018.

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