Balaji Amines announced that the 31st Annual General Meeting (AGM) of the company will be held on 26 July 2019.

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Balaji Amines announced that the Board of Directors of the Company at its meeting held on 15 May 2019, inter alia, have recommended the final dividend of Rs 2.8 per equity Share (i.e. 140%) , subject to the approval of the shareholders.

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Net profit of Balaji Amines declined 18.63% to Rs 27.00 crore in the quarter ended March 2019 as against Rs 33.18 crore during the previous quarter ended March 2018. Sales declined 8.05% to Rs 234.79 crore in the quarter ended March 2019 as against Rs 255.34 crore during the previous quarter ended March 2018.

For the full year,net profit rose 4.33% to Rs 118.08 crore in the year ended March 2019 as against Rs 113.18 crore during the previous year ended March 2018. Sales rose 10.29% to Rs 949.83 crore in the year ended March 2019 as against Rs 861.23 crore during the previous year ended March 2018.

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Balaji Amines will hold a meeting of the Board of Directors of the Company on 15 May 2019.

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