Rico Auto Industries announced that the Board of Directors of the Company at its meeting held on 25 May 2018, inter alia, have recommended the final dividend of Rs 0.4 per equity Share (i.e. 40%) , subject to the approval of the shareholders.

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Net profit of Rico Auto Industries rose 183.74% to Rs 18.67 crore in the quarter ended March 2018 as against Rs 6.58 crore during the previous quarter ended March 2017. Sales rose 25.67% to Rs 332.44 crore in the quarter ended March 2018 as against Rs 264.54 crore during the previous quarter ended March 2017.

For the full year,net profit rose 12.29% to Rs 58.00 crore in the year ended March 2018 as against Rs 51.65 crore during the previous year ended March 2017. Sales rose 16.51% to Rs 1209.31 crore in the year ended March 2018 as against Rs 1037.93 crore during the previous year ended March 2017.

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Net profit of Rico Auto Industries rose 68.22% to Rs 13.76 crore in the quarter ended March 2018 as against Rs 8.18 crore during the previous quarter ended March 2017. Sales rose 25.36% to Rs 296.40 crore in the quarter ended March 2018 as against Rs 236.43 crore during the previous quarter ended March 2017.

For the full year,net profit rose 4.05% to Rs 49.64 crore in the year ended March 2018 as against Rs 47.71 crore during the previous year ended March 2017. Sales rose 12.71% to Rs 1075.75 crore in the year ended March 2018 as against Rs 954.45 crore during the previous year ended March 2017.

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Rico Auto Industries announced that the Board of Directors of the Company at its meeting held on 9 February 2018, inter alia, have recommended the interim dividend of Rs 0.4 per equity Share (i.e. 40%) , subject to the approval of the shareholders.

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