Golden Tobacco announced that the Registrar of Companies, Gujarat has granted extension for holding ensuing 62nd Annual General Meeting of the Company for three months. Accordingly, the Company is eligible to hold 62nd Annual General Meeting on or before 31 December, 2018.

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Net Loss of Golden Tobacco reported to Rs 7.25 crore in the quarter ended June 2018 as against net loss of Rs 11.35 crore during the previous quarter ended June 2017. Sales declined 4.17% to Rs 6.20 crore in the quarter ended June 2018 as against Rs 6.47 crore during the previous quarter ended June 2017.

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Net loss of Golden Tobacco reported to Rs 4.52 crore in the quarter ended March 2018 as against net profit of Rs 1.61 crore during the previous quarter ended March 2017. Sales declined 31.30% to Rs 6.76 crore in the quarter ended March 2018 as against Rs 9.84 crore during the previous quarter ended March 2017.

For the full year,net loss reported to Rs 8.05 crore in the year ended March 2018 as against net loss of Rs 29.71 crore during the previous year ended March 2017. Sales rose 115.45% to Rs 79.63 crore in the year ended March 2018 as against Rs 36.96 crore during the previous year ended March 2017.

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Golden Tobacco will hold a meeting of the Board of Directors of the Company on 30 May 2018.

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