Net loss of Kothari Products reported to Rs 2.57 crore in the quarter ended June 2020 as against net profit of Rs 0.22 crore during the previous quarter ended June 2019. Sales declined 31.62% to Rs 759.18 crore in the quarter ended June 2020 as against Rs 1110.25 crore during the previous quarter ended June 2019.

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Kothari Products announced that the 36th Annual General Meeting (AGM) of the company will be held on 30 September 2020.

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Kothari Products will hold a meeting of the Board of Directors of the Company on 15 September 2020.

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Net profit of Kothari Products reported to Rs 16.64 crore in the quarter ended March 2020 as against net loss of Rs 65.10 crore during the previous quarter ended March 2019. Sales declined 35.43% to Rs 898.39 crore in the quarter ended March 2020 as against Rs 1391.42 crore during the previous quarter ended March 2019.

For the full year,net profit declined 71.89% to Rs 34.74 crore in the year ended March 2020 as against Rs 123.57 crore during the previous year ended March 2019. Sales declined 28.07% to Rs 4113.25 crore in the year ended March 2020 as against Rs 5718.78 crore during the previous year ended March 2019.

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