KCP Sugar & Industries Corporation announced that the Board of Directors of the Company at its meeting held on 29 May 2023, inter alia, have recommended the final dividend of Rs 0.2 per equity Share (i.e. 20%) , subject to the approval of the shareholders.

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Net Loss of KCP Sugar & Industries Corporation reported to Rs 8.47 crore in the quarter ended March 2023 as against net loss of Rs 5.11 crore during the previous quarter ended March 2022. Sales declined 9.74% to Rs 59.06 crore in the quarter ended March 2023 as against Rs 65.43 crore during the previous quarter ended March 2022.

For the full year,net profit rose 1496.37% to Rs 57.15 crore in the year ended March 2023 as against Rs 3.58 crore during the previous year ended March 2022. Sales declined 9.44% to Rs 289.26 crore in the year ended March 2023 as against Rs 319.40 crore during the previous year ended March 2022.

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KCP Sugar & Industries Corporation will hold a meeting of the Board of Directors of the Company on 29 May 2023.

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Net profit of KCP Sugar & Industries Corporation reported to Rs 38.11 crore in the quarter ended December 2022 as against net loss of Rs 8.52 crore during the previous quarter ended December 2021. Sales declined 34.88% to Rs 74.43 crore in the quarter ended December 2022 as against Rs 114.29 crore during the previous quarter ended December 2021.

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