Kothari Petrochemicals announced that the Board of Directors of the Company at its meeting held on 26 May 2023, inter alia, have recommended the final dividend of Rs 0.75 per equity Share (i.e. 7.5%) , subject to the approval of the shareholders.

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Net profit of Kothari Petrochemicals rose 88.68% to Rs 13.17 crore in the quarter ended March 2023 as against Rs 6.98 crore during the previous quarter ended March 2022. Sales rose 23.88% to Rs 136.90 crore in the quarter ended March 2023 as against Rs 110.51 crore during the previous quarter ended March 2022.

For the full year,net profit rose 19.12% to Rs 39.18 crore in the year ended March 2023 as against Rs 32.89 crore during the previous year ended March 2022. Sales rose 26.37% to Rs 482.15 crore in the year ended March 2023 as against Rs 381.53 crore during the previous year ended March 2022.

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Kothari Petrochemicals will hold a meeting of the Board of Directors of the Company on 29 May 2023.

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Kothari Petrochemicals announced that the Board of Directors of the Company at its meeting held on 7 February 2023, inter alia, have recommended the interim dividend of Rs 0.5 per equity Share (i.e. 5%) , subject to the approval of the shareholders.

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