Net profit of Harita Seating Systems rose 8.64% to Rs 3.90 crore in the quarter ended June 2017 as against Rs 3.59 crore during the previous quarter ended June 2016. Sales rose 12.03% to Rs 85.84 crore in the quarter ended June 2017 as against Rs 76.62 crore during the previous quarter ended June 2016.

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Net profit of Harita Seating Systems declined 17.35% to Rs 10.62 crore in the quarter ended March 2017 as against Rs 12.85 crore during the previous quarter ended March 2016. Sales rose 14.59% to Rs 90.26 crore in the quarter ended March 2017 as against Rs 78.77 crore during the previous quarter ended March 2016.

For the full year,net profit declined 0.47% to Rs 25.20 crore in the year ended March 2017 as against Rs 25.32 crore during the previous year ended March 2016. Sales rose 11.51% to Rs 325.15 crore in the year ended March 2017 as against Rs 291.59 crore during the previous year ended March 2016.

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Harita Seating Systems will hold a meeting of the Board of Directors of the Company on 18 May 2017.

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Harita Seating Systems announced that the Board of Directors of the Company at its meeting held on 3 March 2017, inter alia, have recommended the dividend of Rs 3 per equity Share (i.e. 30%) , subject to the approval of the shareholders.

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