Aries Agro announced that the company's Credit Rating re-assigned by CARE Ratings as of 10 June, 2019, is as under:

Long Term Bank Facilities (Fund Based) - CARE BBB-; Stable
Short Term Bank Facilities (Non Fund Based) - CARE A3

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Aries Agro announced that the Board of Directors of the Company at its meeting held on 28 May 2019, inter alia, have recommended the final dividend of Rs 1.8 per equity Share (i.e. 18%) , subject to the approval of the shareholders.

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Net Loss of Aries Agro reported to Rs 5.71 crore in the quarter ended March 2019 as against net loss of Rs 3.70 crore during the previous quarter ended March 2018. Sales rose 19.02% to Rs 55.19 crore in the quarter ended March 2019 as against Rs 46.37 crore during the previous quarter ended March 2018.

For the full year,net profit declined 26.53% to Rs 7.70 crore in the year ended March 2019 as against Rs 10.48 crore during the previous year ended March 2018. Sales declined 8.92% to Rs 265.32 crore in the year ended March 2019 as against Rs 291.29 crore during the previous year ended March 2018.

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Aries Agro announced that the Board of Directors of the Company at its meeting held on 27 May 2019, has recommended a Final dividend of Rs.1.8 per share (i.e.18%), subject to the approval of the shareholders.

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