Akar Auto Industries announced that the 35th Annual General Meeting (AGM) of the company will be held on 30 September 2024.Powered by Capital Market - Live News

Akar Auto Industries announced that the Board of Directors of the Company at its meeting held on 14 August 2024, inter alia, have recommended the final dividend of Rs 0.6 per equity Share (i.e. 12%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of Akar Auto Industries rose 33.91% to Rs 1.54 crore in the quarter ended June 2024 as against Rs 1.15 crore during the previous quarter ended June 2023. Sales rose 5.76% to Rs 94.94 crore in the quarter ended June 2024 as against Rs 89.77 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales94.9489.77 6 OPM %6.695.74 - PBDT3.512.98 18 PBT2.312.03 14 NP1.541.15 34 Powered by Capital Market - Live News

Akar Auto Industries will hold a meeting of the Board of Directors of the Company on 14 August 2024.Powered by Capital Market - Live News

Net profit of Akar Auto Industries declined 65.59% to Rs 0.96 crore in the quarter ended March 2024 as against Rs 2.79 crore during the previous quarter ended March 2023. Sales declined 6.94% to Rs 94.62 crore in the quarter ended March 2024 as against Rs 101.68 crore during the previous quarter ended March 2023.For the full year,net profit declined 20.20% to Rs 5.49 crore in the year ended March 2024 as against Rs 6.88 crore during the previous year ended March 2023. Sales rose 1.84% to Rs 373.82 crore in the year ended March 2024 as against Rs 367.07 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales94.62101.68 -7 373.82367.07 2 OPM %7.096.69 -6.396.05 - PBDT3.103.56 -13 12.9412.34 5 PBT1.982.51 -21 8.908.29 7 NP0.962.79 -66 5.496.88 -20 Powered by Capital Market - Live News