Half yearly performance

Sales was lower by 31% to Rs 545.59 crore and that with 50 bps fall in OPM to 4.5%, the operating profit was down by 38% to Rs 24.57 crore. The PBT was down by 45% to Rs 12.04 crore after accounting for lower interest and depreciation cost. But with taxation stand lower by 45% to Rs 3.04 crore, the PAT was lower by 45% to Rs 9.01 crore.

Other developments

Interim Dividend for FY 2020-21 isrecommended @Rs 1/- (20 %) per equity share of the face value of Rs. 5 each fully paid. The Record date is fixed for payment of above Interim Dividend as 20th November, 2020. And Interim Dividend shall be paid on or before 10th December, 2020 to those Equity Shareholders whose names will appear in the Register of Members as on 20th November, 2020 being Record Date.