Polyplex Corporation announced that the Board of Directors of the Company at its meeting held on 25 May 2021, has recommended a Final dividend of Rs.17 per share (i.e.170%), subject to the approval of the shareholders.

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Net profit of Polyplex Corporation rose 445.58% to Rs 125.32 crore in the quarter ended March 2021 as against Rs 22.97 crore during the previous quarter ended March 2020. Sales rose 8.76% to Rs 1294.16 crore in the quarter ended March 2021 as against Rs 1189.91 crore during the previous quarter ended March 2020.

For the full year,net profit rose 81.47% to Rs 511.81 crore in the year ended March 2021 as against Rs 282.04 crore during the previous year ended March 2020. Sales rose 9.61% to Rs 4918.27 crore in the year ended March 2021 as against Rs 4487.10 crore during the previous year ended March 2020.

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Polyplex Corporation will hold a meeting of the Board of Directors of the Company on 25 May 2021..

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Aditya Birla Fashion & Retail Ltd Partly Paidup, IIFL Finance Ltd, Suzlon Energy Ltd and GFL Ltd are among the other losers in the BSE's 'A' group today, 17 February 2021.

Polyplex Corporation Ltd tumbled 9.80% to Rs 821.45 at 14:48 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 17333 shares were traded on the counter so far as against the average daily volumes of 26852 shares in the past one month.

Aditya Birla Fashion & Retail Ltd Partly Paidup lost 5.82% to Rs 131.85. The stock was the second biggest loser in 'A' group.On the BSE, 6277 shares were traded on the counter so far as against the average daily volumes of 5955 shares in the past one month.

IIFL Finance Ltd crashed 5.47% to Rs 228.15. The stock was the third biggest loser in 'A' group.On the BSE, 30728 shares were traded on the counter so far as against the average daily volumes of 2.99 lakh shares in the past one month.

Suzlon Energy Ltd dropped 5.37% to Rs 5.29. The stock was the fourth biggest loser in 'A' group.On the BSE, 113.27 lakh shares were traded on the counter so far as against the average daily volumes of 91.55 lakh shares in the past one month.

GFL Ltd plummeted 5.30% to Rs 92.95. The stock was the fifth biggest loser in 'A' group.On the BSE, 6458 shares were traded on the counter so far as against the average daily volumes of 6536 shares in the past one month.

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