Solitaire Machine Tools Ltd Share Price – BSE

Capital Goods-Non Electrical Equipment, Small Cap

Net profit of Solitaire Machine Tools rose 13.16% to Rs 0.43 crore in the quarter ended June 2024 as against Rs 0.38 crore during the previous quarter ended June 2023. Sales rose 149.23% to Rs 4.86 crore in the quarter ended June 2024 as against Rs 1.95 crore during the previous quarter ended June 2023.

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Solitaire Machine Tools will hold a meeting of the Board of Directors of the Company on 14 August 2024.

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Net profit of Solitaire Machine Tools rose 4.69% to Rs 0.67 crore in the quarter ended March 2024 as against Rs 0.64 crore during the previous quarter ended March 2023. Sales declined 18.67% to Rs 6.62 crore in the quarter ended March 2024 as against Rs 8.14 crore during the previous quarter ended March 2023.

For the full year,net profit rose 12.50% to Rs 1.80 crore in the year ended March 2024 as against Rs 1.60 crore during the previous year ended March 2023. Sales rose 11.73% to Rs 20.86 crore in the year ended March 2024 as against Rs 18.67 crore during the previous year ended March 2023.

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Solitaire Machine Tools announced that the Board of Directors of the Company at its meeting held on 25 May 2024, inter alia, have recommended the final dividend of Rs 1.75 per equity Share (i.e. 17.5%) , subject to the approval of the shareholders.

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