Net profit of Nandan Denim rose 428.57% to Rs 4.07 crore in the quarter ended March 2019 as against Rs 0.77 crore during the previous quarter ended March 2018. Sales rose 0.45% to Rs 388.60 crore in the quarter ended March 2019 as against Rs 386.84 crore during the previous quarter ended March 2018.

For the full year,net profit declined 52.75% to Rs 22.08 crore in the year ended March 2019 as against Rs 46.73 crore during the previous year ended March 2018. Sales declined 8.36% to Rs 1456.05 crore in the year ended March 2019 as against Rs 1588.92 crore during the previous year ended March 2018.

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Nandan Denim announced that the Board of Directors of the Company at its meeting held on 25 May 2019, has recommended a Final dividend of Rs.0.5 per share (i.e.5%), subject to the approval of the shareholders.

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Nandan Denim will hold a meeting of the Board of Directors of the Company on 25 May 2019.

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Net profit of Nandan Denim declined 64.75% to Rs 4.84 crore in the quarter ended December 2018 as against Rs 13.73 crore during the previous quarter ended December 2017. Sales declined 6.49% to Rs 339.84 crore in the quarter ended December 2018 as against Rs 363.41 crore during the previous quarter ended December 2017.

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