Nahar Capital & Financial Services announced that the Annual General Meeting (AGM) of the company will be held on 28 September 2018.

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Nahar Capital & Financial Services will hold a meeting of the Board of Directors of the Company on 29 August 2018.

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Net profit of Nahar Capital & Financial Services rose 55.39% to Rs 6.20 crore in the quarter ended March 2018 as against Rs 3.99 crore during the previous quarter ended March 2017. Sales declined 1.19% to Rs 1.66 crore in the quarter ended March 2018 as against Rs 1.68 crore during the previous quarter ended March 2017.

For the full year,net profit rose 12.85% to Rs 28.55 crore in the year ended March 2018 as against Rs 25.30 crore during the previous year ended March 2017. Sales rose 66.12% to Rs 5.05 crore in the year ended March 2018 as against Rs 3.04 crore during the previous year ended March 2017.

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Nahar Capital & Financial Services announced that the Board of Directors of the Company at its meeting held on 30 May 2018, 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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