Board of Finolex Industries recommends final dividend
24 - May - 2018 12:00 AM | 1 day ago
Finolex Industries announced that the Board of Directors of the Company at its meeting held on 23 May 2018, inter alia, have recommended the final dividend of Rs 10 per equity Share (i.e. 100%) , subject to the approval of the shareholders.
Finolex Industries standalone net profit declines 1.87% in the March 2018 quarter
23 - May - 2018 12:00 AM | 2 days ago
Net profit of Finolex Industries declined 1.87% to Rs 120.95 crore in the quarter ended March 2018 as against Rs 123.26 crore during the previous quarter ended March 2017. Sales declined 8.84% to Rs 809.13 crore in the quarter ended March 2018 as against Rs 887.64 crore during the previous quarter ended March 2017.
For the full year,net profit declined 15.23% to Rs 298.54 crore in the year ended March 2018 as against Rs 352.18 crore during the previous year ended March 2017. Sales rose 5.20% to Rs 2737.79 crore in the year ended March 2018 as against Rs 2602.36 crore during the previous year ended March 2017.
Finolex Industries will hold a meeting of the Board of Directors of the Company on 23 May 2018, to consider and approve, the Audited Financial Results (both Standalone & Consolidated) for the quarter and financial year ended March 31, 2018, and to consider and Recommend Dividend, if any, for the financial year 2017-18.
