Net profit of Banco Products (India) declined 81.95% to Rs 4.87 crore in the quarter ended March 2019 as against Rs 26.98 crore during the previous quarter ended March 2018. Sales rose 27.71% to Rs 361.08 crore in the quarter ended March 2019 as against Rs 282.74 crore during the previous quarter ended March 2018.

For the full year,net profit declined 40.84% to Rs 69.08 crore in the year ended March 2019 as against Rs 116.77 crore during the previous year ended March 2018. Sales rose 17.19% to Rs 1536.91 crore in the year ended March 2019 as against Rs 1311.47 crore during the previous year ended March 2018.

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Net profit of Banco Products (India) declined 7.83% to Rs 36.62 crore in the quarter ended March 2019 as against Rs 39.73 crore during the previous quarter ended March 2018. Sales rose 4.19% to Rs 182.58 crore in the quarter ended March 2019 as against Rs 175.23 crore during the previous quarter ended March 2018.

For the full year,net profit rose 2.66% to Rs 122.91 crore in the year ended March 2019 as against Rs 119.73 crore during the previous year ended March 2018. Sales rose 18.79% to Rs 714.58 crore in the year ended March 2019 as against Rs 601.57 crore during the previous year ended March 2018.

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Banco Products (India) announced that the Board of Directors of the Company at its meeting held on 30 May 2019, inter alia, have recommended the final dividend of Rs 3 per equity Share (i.e. 150%) , subject to the approval of the shareholders.

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Banco Products (India) announced that the Annual General Meeting (AGM) of the company will be held on 26 August 2019.

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