Sadbhav Engineering announced that the Board of Directors of the Company at its meeting held on 30 May 2019, inter alia, have recommended the final dividend of Rs 1 per equity Share (i.e. 100%) , subject to the approval of the shareholders.

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Net profit of Sadbhav Engineering declined 58.65% to Rs 28.89 crore in the quarter ended March 2019 as against Rs 69.86 crore during the previous quarter ended March 2018. Sales declined 7.50% to Rs 1021.67 crore in the quarter ended March 2019 as against Rs 1104.46 crore during the previous quarter ended March 2018.

For the full year,net profit declined 15.32% to Rs 186.85 crore in the year ended March 2019 as against Rs 220.66 crore during the previous year ended March 2018. Sales rose 1.26% to Rs 3549.23 crore in the year ended March 2019 as against Rs 3505.06 crore during the previous year ended March 2018.

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Sadbhav Engineering will hold a meeting of the Board of Directors of the Company on 30 May 2019.

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Sadbhav Engineering will hold a meeting of the Board of Directors of the Company on 4 May 2019.

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