Western India Plywoods announced that the Board of Directors of the Company at its meeting held on 21 May 2019, inter alia, have recommended the final dividend of Rs 0.9 per equity Share (i.e. 9%) , subject to the approval of the shareholders.

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Net profit of Western India Plywoods declined 67.86% to Rs 0.36 crore in the quarter ended March 2019 as against Rs 1.12 crore during the previous quarter ended March 2018. Sales declined 0.83% to Rs 23.78 crore in the quarter ended March 2019 as against Rs 23.98 crore during the previous quarter ended March 2018.

For the full year,net profit rose 16.85% to Rs 2.15 crore in the year ended March 2019 as against Rs 1.84 crore during the previous year ended March 2018. Sales rose 11.33% to Rs 97.97 crore in the year ended March 2019 as against Rs 88.00 crore during the previous year ended March 2018.

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Net profit of Western India Plywoods rose 124.32% to Rs 0.83 crore in the quarter ended December 2018 as against Rs 0.37 crore during the previous quarter ended December 2017. Sales rose 15.04% to Rs 26.54 crore in the quarter ended December 2018 as against Rs 23.07 crore during the previous quarter ended December 2017.

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Net profit of Western India Plywoods rose 44.44% to Rs 0.78 crore in the quarter ended September 2018 as against Rs 0.54 crore during the previous quarter ended September 2017. Sales rose 29.32% to Rs 26.11 crore in the quarter ended September 2018 as against Rs 20.19 crore during the previous quarter ended September 2017.

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