Himatsingka Seide Ltd Share Price – NSE  /  BSE

Textiles, Small Cap

Himatsingka Seide announced that the Board of Directors of the Company at its meeting held on 23 May 2024, inter alia, have recommended the final dividend of Rs 0.25 per equity Share (i.e. 5%) , subject to the approval of the shareholders.

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Net profit of Himatsingka Seide rose 6.22% to Rs 23.74 crore in the quarter ended March 2024 as against Rs 22.35 crore during the previous quarter ended March 2023. Sales rose 1.05% to Rs 696.87 crore in the quarter ended March 2024 as against Rs 689.65 crore during the previous quarter ended March 2023.

For the full year,net profit reported to Rs 112.82 crore in the year ended March 2024 as against net loss of Rs 64.08 crore during the previous year ended March 2023. Sales rose 6.11% to Rs 2841.45 crore in the year ended March 2024 as against Rs 2677.74 crore during the previous year ended March 2023.

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Himatsingka Seide will hold a meeting of the Board of Directors of the Company on 23 May 2024

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Himatsingka Seide has made further investment of Rs 16.64 crore in Himatsingka Holdings NA Inc., a wholly owned subsidiary of the Company, by way of acquiring 115 equity shares of face value USD 10,000 each.

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