Nahar Polyfilms will hold a meeting of the Board of Directors of the Company on 12 August 2020.

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Nahar Polyfilms announced that the Board of Directors of the Company at its meeting held on 26 June 2020, has recommended a Final dividend of Rs.1 per share (i.e.20%), subject to the approval of the shareholders.

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Net profit of Nahar Polyfilms rose 28.38% to Rs 7.78 crore in the quarter ended March 2020 as against Rs 6.06 crore during the previous quarter ended March 2019. Sales declined 7.77% to Rs 64.77 crore in the quarter ended March 2020 as against Rs 70.23 crore during the previous quarter ended March 2019.

For the full year,net profit rose 204.82% to Rs 37.28 crore in the year ended March 2020 as against Rs 12.23 crore during the previous year ended March 2019. Sales rose 4.34% to Rs 277.25 crore in the year ended March 2020 as against Rs 265.73 crore during the previous year ended March 2019.

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Net profit of Nahar Polyfilms rose 73.93% to Rs 9.34 crore in the quarter ended March 2020 as against Rs 5.37 crore during the previous quarter ended March 2019. Sales declined 7.77% to Rs 64.77 crore in the quarter ended March 2020 as against Rs 70.23 crore during the previous quarter ended March 2019.

For the full year,net profit rose 261.14% to Rs 32.90 crore in the year ended March 2020 as against Rs 9.11 crore during the previous year ended March 2019. Sales rose 4.34% to Rs 277.25 crore in the year ended March 2020 as against Rs 265.73 crore during the previous year ended March 2019.

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