Net profit of Kanoria Chemicals & Industries declined 99.26% to Rs 0.04 crore in the quarter ended March 2018 as against Rs 5.44 crore during the previous quarter ended March 2017. Sales rose 2.73% to Rs 93.06 crore in the quarter ended March 2018 as against Rs 90.59 crore during the previous quarter ended March 2017.

For the full year,net profit declined 70.09% to Rs 5.60 crore in the year ended March 2018 as against Rs 18.72 crore during the previous year ended March 2017. Sales rose 14.57% to Rs 338.75 crore in the year ended March 2018 as against Rs 295.66 crore during the previous year ended March 2017.

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Kanoria Chemicals & Industries announced the appointment of Sidharth Kumar Birla as an Independent Director of the Company with effect from 18 May 2018.

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Net profit of Kanoria Chemicals & Industries declined 81.76% to Rs 0.60 crore in the quarter ended December 2017 as against Rs 3.29 crore during the previous quarter ended December 2016. Sales rose 28.68% to Rs 88.34 crore in the quarter ended December 2017 as against Rs 68.65 crore during the previous quarter ended December 2016.

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Kanoria Chemicals & Industries will hold a meeting of the Board of Directors of the Company on 12 February 2018.

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