Swastika Investmart announced that the Annual General Meeting (AGM) of the company will be held on 26 September 2018.

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Net profit of Swastika Investmart declined 37.25% to Rs 0.96 crore in the quarter ended June 2018 as against Rs 1.53 crore during the previous quarter ended June 2017. Sales rose 4.69% to Rs 7.81 crore in the quarter ended June 2018 as against Rs 7.46 crore during the previous quarter ended June 2017.

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Net loss of Swastika Investmart reported to Rs 1.11 crore in the quarter ended March 2018 as against net profit of Rs 1.76 crore during the previous quarter ended March 2017. Sales rose 24.47% to Rs 8.29 crore in the quarter ended March 2018 as against Rs 6.66 crore during the previous quarter ended March 2017.

For the full year,net profit declined 40.03% to Rs 3.52 crore in the year ended March 2018 as against Rs 5.87 crore during the previous year ended March 2017. Sales rose 15.94% to Rs 31.56 crore in the year ended March 2018 as against Rs 27.22 crore during the previous year ended March 2017.

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Swastika Investmart announced that the Board of Directors of the Company at its meeting held on 29 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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