Net profit of Oricon Enterprises declined 64.12% to Rs 0.94 crore in the quarter ended March 2018 as against Rs 2.62 crore during the previous quarter ended March 2017. Sales rose 54.15% to Rs 14.12 crore in the quarter ended March 2018 as against Rs 9.16 crore during the previous quarter ended March 2017.

For the full year,net profit rose 91.45% to Rs 15.45 crore in the year ended March 2018 as against Rs 8.07 crore during the previous year ended March 2017. Sales rose 36.57% to Rs 52.54 crore in the year ended March 2018 as against Rs 38.47 crore during the previous year ended March 2017.

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Oricon Enterprises announced that the Board of Directors of the Company at its meeting held on 30 May 2018, has recommended a final dividend of Rs.0.5 per share (i.e. 25%), subject to the approval of the shareholders.

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Net profit of Oricon Enterprises declined 56.30% to Rs 1.04 crore in the quarter ended December 2017 as against Rs 2.38 crore during the previous quarter ended December 2016. Sales rose 124.66% to Rs 14.67 crore in the quarter ended December 2017 as against Rs 6.53 crore during the previous quarter ended December 2016.

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Oricon Enterprises will hold a meeting of the Board of Directors of the Company on 14 February 2018.

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