Net loss of Kanoria Chemicals & Industries reported to Rs 0.06 crore in the quarter ended June 2017 as against net profit of Rs 6.13 crore during the previous quarter ended June 2016. Sales rose 5.30% to Rs 72.94 crore in the quarter ended June 2017 as against Rs 69.27 crore during the previous quarter ended June 2016.

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Kanoria Chemicals & Industries announced that the Board of Directors of the Company at its meeting held on 30 May 2017, inter alia, have recommended the final dividend of Rs 1.5 per equity Share (i.e. 30%) , subject to the approval of the shareholders.

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Net profit of Kanoria Chemicals & Industries rose 563.41% to Rs 5.44 crore in the quarter ended March 2017 as against Rs 0.82 crore during the previous quarter ended March 2016. Sales rose 21.42% to Rs 90.59 crore in the quarter ended March 2017 as against Rs 74.61 crore during the previous quarter ended March 2016.

For the full year,net profit rose 10.18% to Rs 18.72 crore in the year ended March 2017 as against Rs 16.99 crore during the previous year ended March 2016. Sales declined 0.44% to Rs 295.66 crore in the year ended March 2017 as against Rs 296.97 crore during the previous year ended March 2016.

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Net profit of Kanoria Chemicals & Industries declined 34.26% to Rs 3.55 crore in the quarter ended December 2016 as against Rs 5.40 crore during the previous quarter ended December 2015. Sales declined 3.70% to Rs 63.82 crore in the quarter ended December 2016 as against Rs 66.27 crore during the previous quarter ended December 2015.

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