Nahar Polyfilms announced the appointment of Dr Manisha Gupta ( DIN 06910242) and Dr Inder Mohan Chhibba (DIN 07913491) as an Independent Directors of the Company to hold for 5 (five) consecutive years for a term upto 25 September 2022.

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Net profit of Nahar Polyfilms declined 98.45% to Rs 0.06 crore in the quarter ended June 2017 as against Rs 3.86 crore during the previous quarter ended June 2016. Sales declined 12.73% to Rs 59.94 crore in the quarter ended June 2017 as against Rs 68.68 crore during the previous quarter ended June 2016.

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Nahar Polyfilms will hold a meeting of the Board of Directors of the Company on 12 August 2017, to consider and approve the unaudited Financial Results for the quarter ended on 30th June 2017.

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Net profit of Nahar Polyfilms declined 80.52% to Rs 0.67 crore in the quarter ended March 2017 as against Rs 3.44 crore during the previous quarter ended March 2016. Sales rose 6.65% to Rs 68.14 crore in the quarter ended March 2017 as against Rs 63.89 crore during the previous quarter ended March 2016.

For the full year,net profit declined 14.51% to Rs 9.96 crore in the year ended March 2017 as against Rs 11.65 crore during the previous year ended March 2016. Sales declined 2.02% to Rs 256.47 crore in the year ended March 2017 as against Rs 261.77 crore during the previous year ended March 2016.

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