Stovec Industries announced that the Board of Directors of the Company at its meeting held on 09 May 2024, has recommended a Interim dividend of Rs.115 per share (i.e.1150%), subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of Stovec Industries rose 93.88% to Rs 4.75 crore in the quarter ended March 2024 as against Rs 2.45 crore during the previous quarter ended March 2023. Sales rose 35.05% to Rs 59.96 crore in the quarter ended March 2024 as against Rs 44.40 crore during the previous quarter ended March 2023. ParticularsQuarter Ended�Mar. 2024Mar. 2023% Var. Sales59.9644.40 35 OPM %11.447.52 - PBDT8.014.71 70 PBT6.333.20 98 NP4.752.45 94 Powered by Capital Market - Live News

Stovec Industries will hold a meeting of the Board of Directors of the Company on 9 May 2024.Powered by Capital Market - Live News

Net profit of Stovec Industries rose 141.57% to Rs 4.01 crore in the quarter ended December 2023 as against Rs 1.66 crore during the previous quarter ended December 2022. Sales declined 4.86% to Rs 57.97 crore in the quarter ended December 2023 as against Rs 60.93 crore during the previous quarter ended December 2022.For the full year,net profit declined 63.50% to Rs 9.04 crore in the year ended December 2023 as against Rs 24.77 crore during the previous year ended December 2022. Sales declined 12.12% to Rs 207.26 crore in the year ended December 2023 as against Rs 235.85 crore during the previous year ended December 2022. ParticularsQuarter EndedYear Ended�Dec. 2023Dec. 2022% Var.Dec. 2023Dec. 2022% Var. Sales57.9760.93 -5 207.26235.85 -12 OPM %9.995.61 -6.4811.07 - PBDT6.784.39 54 17.7830.72 -42 PBT4.892.89 69 11.4224.74 -54 NP4.011.66 142 9.0424.77 -64 Powered by Capital Market - Live News

Stovec Industries announced that the Board of Directors of the Company at its meeting held on , inter alia, have recommended the final dividend of Rs 17 per equity Share (i.e. 170%) , subject to the approval of the shareholders.Powered by Capital Market - Live News