SAL Automotives announced that the Board of Directors of the Company at its meeting held on 08 June 2021, has recommended a Final dividend of Rs.3.50 per share (i.e.35%), subject to the approval of the shareholders.

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Net profit of SAL Automotive reported to Rs 0.59 crore in the quarter ended March 2021 as against net loss of Rs 0.76 crore during the previous quarter ended March 2020. Sales rose 75.65% to Rs 31.67 crore in the quarter ended March 2021 as against Rs 18.03 crore during the previous quarter ended March 2020.

For the full year,net profit declined 32.80% to Rs 0.84 crore in the year ended March 2021 as against Rs 1.25 crore during the previous year ended March 2020. Sales rose 10.62% to Rs 94.55 crore in the year ended March 2021 as against Rs 85.47 crore during the previous year ended March 2020.

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SAL Automotives will hold a meeting of the Board of Directors of the Company on 8 June 2021.

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Net profit of SAL Automotive reported to Rs 0.94 crore in the quarter ended December 2020 as against net loss of Rs 0.29 crore during the previous quarter ended December 2019. Sales rose 44.83% to Rs 29.14 crore in the quarter ended December 2020 as against Rs 20.12 crore during the previous quarter ended December 2019.

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