ITD Cementation India announced that the 42th Annual General Meeting (AGM) of the company will be held on 23 September 2020.

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ITD Cementation India announced that the Board of Directors of the Company at its meeting held on 17 June 2020, has recommended a Final dividend of Rs.0.30 per share (i.e.30%), subject to the approval of the shareholders.

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Net Loss of ITD Cementation India reported to Rs 5.46 crore in the quarter ended March 2020 as against net loss of Rs 35.28 crore during the previous quarter ended March 2019. Sales rose 25.37% to Rs 739.61 crore in the quarter ended March 2020 as against Rs 589.95 crore during the previous quarter ended March 2019.

For the full year,net profit declined 47.28% to Rs 43.16 crore in the year ended March 2020 as against Rs 81.87 crore during the previous year ended March 2019. Sales declined 9.77% to Rs 2860.71 crore in the year ended March 2020 as against Rs 3170.45 crore during the previous year ended March 2019.

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ITD Cementation India will hold a meeting of the Board of Directors of the Company on 17 June 2020.

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