Net profit of KIOCL declined 25.36% to Rs 44.83 crore in the quarter ended March 2019 as against Rs 60.06 crore during the previous quarter ended March 2018. Sales rose 57.76% to Rs 629.03 crore in the quarter ended March 2019 as against Rs 398.72 crore during the previous quarter ended March 2018.

For the full year,net profit rose 37.29% to Rs 111.86 crore in the year ended March 2019 as against Rs 81.48 crore during the previous year ended March 2018. Sales rose 19.21% to Rs 1872.26 crore in the year ended March 2019 as against Rs 1570.59 crore during the previous year ended March 2018.

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KIOCL announced that the Board of Directors of the Company at its meeting held on 21 May 2019, has recommended a Final dividend of Rs.1.33 per share (i.e.13.3%), subject to the approval of the shareholders.

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KIOCL will hold a meeting of the Board of Directors of the Company on 21 May 2019.

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The Board of KIOCL at its meeting held on 26 March 2019 has deferred the agenda of voluntarily delisting of Equity Shares of the Company from the Metropolitan Stock Exchange of India Limited (MSEI).

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