Net profit of Hindustan Composites rose 40.14% to Rs 10.16 crore in the quarter ended March 2018 as against Rs 7.25 crore during the previous quarter ended March 2017. Sales rose 26.18% to Rs 57.35 crore in the quarter ended March 2018 as against Rs 45.45 crore during the previous quarter ended March 2017.

For the full year,net profit rose 1.97% to Rs 25.38 crore in the year ended March 2018 as against Rs 24.89 crore during the previous year ended March 2017. Sales rose 19.87% to Rs 199.18 crore in the year ended March 2018 as against Rs 166.17 crore during the previous year ended March 2017.

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Hindustan Composites announced that the Board of Directors of the Company at its meeting held on 08 May 2018, has recommended a dividend of Rs.0.50 per share (i.e.10%), subject to the approval of the shareholders.

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Hindustan Composites will hold a meeting of the Board of Directors of the Company on 08 May 2018, to approve the Standalone Audited Financial Results for the quarter and year ended March 31, 2018, the Consolidated Audited Financial Results for the year ended March 31, 2018, and to recommend the payment of dividend for that year, if any.

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Net profit of Hindustan Composites rose 22.21% to Rs 7.98 crore in the quarter ended December 2017 as against Rs 6.53 crore during the previous quarter ended December 2016. Sales rose 25.92% to Rs 54.17 crore in the quarter ended December 2017 as against Rs 43.02 crore during the previous quarter ended December 2016.

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