Net profit of SMIFS Capital Markets reported to Rs 0.45 crore in the quarter ended June 2018 as against net loss of Rs 0.44 crore during the previous quarter ended June 2017. Sales declined 26.89% to Rs 10.25 crore in the quarter ended June 2018 as against Rs 14.02 crore during the previous quarter ended June 2017.

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SMIFS Capital Markets will hold a meeting of the Board of Directors of the Company on 10 August 2018.

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Net profit of SMIFS Capital Markets rose 94.20% to Rs 1.34 crore in the quarter ended March 2018 as against Rs 0.69 crore during the previous quarter ended March 2017. Sales rose 90.91% to Rs 13.23 crore in the quarter ended March 2018 as against Rs 6.93 crore during the previous quarter ended March 2017.

For the full year,net profit rose 206.98% to Rs 2.64 crore in the year ended March 2018 as against Rs 0.86 crore during the previous year ended March 2017. Sales rose 22.92% to Rs 50.62 crore in the year ended March 2018 as against Rs 41.18 crore during the previous year ended March 2017.

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SMIFS Capital Markets announced that the Board of Directors of the Company at its meeting held on 30 May 2018, inter alia, have recommended the final dividend of Rs 1 per equity Share (i.e. 10%) , subject to the approval of the shareholders.

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