Hikal announced that the Board of Directors of the Company at its meeting held on 08 February 2024, has recommended a Interim dividend of Rs.0.60 per share (i.e.30%), subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of Hikal declined 38.89% to Rs 16.14 crore in the quarter ended December 2023 as against Rs 26.41 crore during the previous quarter ended December 2022. Sales declined 18.56% to Rs 438.54 crore in the quarter ended December 2023 as against Rs 538.45 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales438.54538.45 -19 OPM %14.7713.85 - PBDT50.5864.06 -21 PBT21.6135.79 -40 NP16.1426.41 -39 Powered by Capital Market - Live News

Hikal will hold a meeting of the Board of Directors of the Company on 8 February 2024.Powered by Capital Market - Live News

The Board of Hikal at its meeting held on 02 November 2023 has approved the acquisition of 26% stake in FPEL Ujwal (engaged in wind and solar power) to meet requirements of captive consumer. Powered by Capital Market - Live News

Net profit of Hikal declined 49.40% to Rs 12.57 crore in the quarter ended September 2023 as against Rs 24.84 crore during the previous quarter ended September 2022. Sales declined 22.58% to Rs 431.23 crore in the quarter ended September 2023 as against Rs 557.03 crore during the previous quarter ended September 2022. ParticularsQuarter Ended�Sep. 2023Sep. 2022% Var. Sales431.23557.03 -23 OPM %13.3412.52 - PBDT45.4360.18 -25 PBT16.8632.77 -49 NP12.5724.84 -49 Powered by Capital Market - Live News