Tide Water Oil Company India announced that the Annual General Meeting (AGM) of the company will be held on 30 August 2019.

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Tide Water Oil Company India 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 75 per equity Share (i.e. 1500%) , subject to the approval of the shareholders.

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Net profit of Tide Water Oil Co (I) rose 0.28% to Rs 28.40 crore in the quarter ended March 2019 as against Rs 28.32 crore during the previous quarter ended March 2018. Sales rose 4.45% to Rs 311.39 crore in the quarter ended March 2019 as against Rs 298.12 crore during the previous quarter ended March 2018.

For the full year,net profit declined 0.22% to Rs 96.72 crore in the year ended March 2019 as against Rs 96.93 crore during the previous year ended March 2018. Sales rose 11.06% to Rs 1193.34 crore in the year ended March 2019 as against Rs 1074.49 crore during the previous year ended March 2018.

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Tide Water Oil Company India will hold a meeting of the Board of Directors of the Company on 30 May 2019.

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