Rossell India announced that the Annual General Meeting (AGM) of the company will be held on 9 August 2019.

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Net Loss of Rossell India reported to Rs 15.14 crore in the quarter ended March 2019 as against net loss of Rs 14.72 crore during the previous quarter ended March 2018. Sales rose 27.17% to Rs 45.45 crore in the quarter ended March 2019 as against Rs 35.74 crore during the previous quarter ended March 2018.

For the full year,net profit rose 137.50% to Rs 0.57 crore in the year ended March 2019 as against Rs 0.24 crore during the previous year ended March 2018. Sales rose 25.34% to Rs 244.24 crore in the year ended March 2019 as against Rs 194.86 crore during the previous year ended March 2018.

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Rossell India will hold a meeting of the Board of Directors of the Company on 24 May 2019.

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Rossell India has received revision in credit ratings from ICRA as under -

Long term rating - ICRA BBB+; Stable (Revised from ICRA A-/ Negative)

Short term rating - ICRA A2 (Reaffirmed)

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