Hisar Metal Industries announced that the Board of Directors of the Company at its meeting held on 30 June 2020, inter alia, have recommended the final dividend of Rs 1 per equity Share (i.e. 10%) , subject to the approval of the shareholders.

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Net profit of Hisar Metal Industries declined 88.00% to Rs 0.21 crore in the quarter ended March 2020 as against Rs 1.75 crore during the previous quarter ended March 2019. Sales declined 31.98% to Rs 38.50 crore in the quarter ended March 2020 as against Rs 56.60 crore during the previous quarter ended March 2019.

For the full year,net profit declined 26.50% to Rs 3.91 crore in the year ended March 2020 as against Rs 5.32 crore during the previous year ended March 2019. Sales declined 14.32% to Rs 177.84 crore in the year ended March 2020 as against Rs 207.56 crore during the previous year ended March 2019.

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Hisar Metal Industries will hold a meeting of the Board of Directors of the Company on 30 June 2020.

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Net profit of Hisar Metal Industries declined 11.61% to Rs 0.99 crore in the quarter ended December 2019 as against Rs 1.12 crore during the previous quarter ended December 2018. Sales declined 21.05% to Rs 40.09 crore in the quarter ended December 2019 as against Rs 50.78 crore during the previous quarter ended December 2018.

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