Wim Plast announced that the 32th Annual General Meeting (AGM) of the company will be held on 13 August 2020.

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Net profit of Wim Plast declined 15.19% to Rs 11.11 crore in the quarter ended March 2020 as against Rs 13.10 crore during the previous quarter ended March 2019. Sales declined 30.76% to Rs 75.92 crore in the quarter ended March 2020 as against Rs 109.64 crore during the previous quarter ended March 2019.

For the full year,net profit rose 14.83% to Rs 45.07 crore in the year ended March 2020 as against Rs 39.25 crore during the previous year ended March 2019. Sales declined 13.68% to Rs 321.60 crore in the year ended March 2020 as against Rs 372.56 crore during the previous year ended March 2019.

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Wim Plast will hold a meeting of the Board of Directors of the Company on 13 June 2020.

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Wim Plast announced that the Board of Directors of the Company at its meeting held on 14 March 2020, inter alia, have recommended the interim dividend of Rs 7 per equity Share (i.e. 70%) , subject to the approval of the shareholders.

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