Pokarna announced that the Board of Directors of the Company at its meeting held on 27 June 2020, inter alia, have recommended the final dividend of Rs 0.6 per equity Share (i.e. 30%) , subject to the approval of the shareholders.

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Pokarna announced that the Board of Directors of the Company at its meeting held on 27 June 2020, 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 profit of Pokarna declined 88.00% to Rs 3.18 crore in the quarter ended March 2020 as against Rs 26.49 crore during the previous quarter ended March 2019. Sales declined 38.48% to Rs 89.00 crore in the quarter ended March 2020 as against Rs 144.67 crore during the previous quarter ended March 2019.

For the full year,net profit declined 12.33% to Rs 70.73 crore in the year ended March 2020 as against Rs 80.68 crore during the previous year ended March 2019. Sales declined 14.78% to Rs 393.91 crore in the year ended March 2020 as against Rs 462.22 crore during the previous year ended March 2019.

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Net loss of Pokarna reported to Rs 3.98 crore in the quarter ended March 2020 as against net profit of Rs 1.74 crore during the previous quarter ended March 2019. Sales declined 67.28% to Rs 12.26 crore in the quarter ended March 2020 as against Rs 37.47 crore during the previous quarter ended March 2019.

For the full year,net loss reported to Rs 4.81 crore in the year ended March 2020 as against net profit of Rs 6.88 crore during the previous year ended March 2019. Sales declined 47.17% to Rs 77.30 crore in the year ended March 2020 as against Rs 146.31 crore during the previous year ended March 2019.

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