Khaitan Chemicals & Fertilizers announced that the Board of Directors of the Company at its meeting held on 29 April 2023, inter alia, have recommended the dividend of Rs 0.3 per equity Share (i.e. 30%) , subject to the approval of the shareholders.

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Net profit of Khaitan Chemicals & Fertilizers rose 232.53% to Rs 9.61 crore in the quarter ended March 2023 as against Rs 2.89 crore during the previous quarter ended March 2022. Sales declined 5.83% to Rs 181.61 crore in the quarter ended March 2023 as against Rs 192.86 crore during the previous quarter ended March 2022.

For the full year,net profit declined 47.01% to Rs 42.13 crore in the year ended March 2023 as against Rs 79.50 crore during the previous year ended March 2022. Sales rose 7.77% to Rs 887.82 crore in the year ended March 2023 as against Rs 823.78 crore during the previous year ended March 2022.

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Khaitan Chemicals & Fertilizers will hold a meeting of the Board of Directors of the Company on 29 April 2023.

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Net profit of Khaitan Chemicals & Fertilizers declined 74.01% to Rs 7.53 crore in the quarter ended December 2022 as against Rs 28.97 crore during the previous quarter ended December 2021. Sales declined 21.75% to Rs 213.71 crore in the quarter ended December 2022 as against Rs 273.10 crore during the previous quarter ended December 2021.

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