Net profit of Astra Microwave Products declined 75.27% to Rs 7.35 crore in the quarter ended March 2019 as against Rs 29.72 crore during the previous quarter ended March 2018. Sales declined 33.10% to Rs 113.23 crore in the quarter ended March 2019 as against Rs 169.25 crore during the previous quarter ended March 2018.

For the full year,net profit declined 79.34% to Rs 12.54 crore in the year ended March 2019 as against Rs 60.69 crore during the previous year ended March 2018. Sales declined 19.82% to Rs 286.16 crore in the year ended March 2019 as against Rs 356.88 crore during the previous year ended March 2018.

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Astra Microwave Products announced that the Board of Directors of the Company at its meeting held on 09 May 2019, has recommended a Final dividend of Rs.0.25 per share (i.e.12.5%), subject to the approval of the shareholders.

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Astra Microwave Products will hold a meeting of the Board of Directors of the Company on 9 May 2019.

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Astra Microwave Products will hold a meeting of the Board of Directors of the Company on 30 March 2019 to consider, inter-alia, changes in key managerial personnel.

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