The result was announced after market hours on Friday, 4 May 2018.

Meanwhile, the S&P BSE Sensex was up 107.54 points or 0.31% at 35,022.92.

On the BSE, 1.94 lakh shares were traded on the counter so far as against average daily volumes of 2.11 lakh shares in the past two weeks. The stock had hit a high of Rs 227.75 and a low of Rs 219.15 so far during the day. The stock had hit a record high of Rs 236 on 5 January 2018 and a 52-week low of Rs 91 on 24 May 2017.

The mid-cap company has equity capital of Rs 164.48 crore. Face value per share is Rs 10.

NOCIL's board of directors has recommended a dividend of Rs 2.50 per share for the financial year ended 31 March 2018.

NOCIL is the largest rubber chemicals manufacturer in India.

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Nocil announced that the Board of Directors of the Company at its meeting held on 04 May 2018, has recommended a dividend of Rs.2.50 per share (i.e.25%), subject to the approval of the shareholders.

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Net profit of NOCIL rose 143.66% to Rs 50.95 crore in the quarter ended March 2018 as against Rs 20.91 crore during the previous quarter ended March 2017. Sales rose 44.59% to Rs 275.87 crore in the quarter ended March 2018 as against Rs 190.80 crore during the previous quarter ended March 2017.

For the full year,net profit rose 74.13% to Rs 168.61 crore in the year ended March 2018 as against Rs 96.83 crore during the previous year ended March 2017. Sales rose 30.37% to Rs 967.64 crore in the year ended March 2018 as against Rs 742.21 crore during the previous year ended March 2017.

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NOCIL will hold a meeting of the Board of Directors of the Company On 04 May 2018.

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