Ador Welding announced that the Annual General Meeting (AGM) of the company will be held on 26 July 2024.Powered by Capital Market - Live News

Ador Welding announced that the Board of Directors of the Company at its meeting held on 30 April 2024, inter alia, have recommended the interim dividend of Rs 18.5 per equity Share (i.e. 185%) , subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of Ador Welding declined 17.21% to Rs 18.67 crore in the quarter ended March 2024 as against Rs 22.55 crore during the previous quarter ended March 2023. Sales rose 4.76% to Rs 246.70 crore in the quarter ended March 2024 as against Rs 235.48 crore during the previous quarter ended March 2023.For the full year,net profit rose 6.58% to Rs 63.19 crore in the year ended March 2024 as against Rs 59.29 crore during the previous year ended March 2023. Sales rose 13.78% to Rs 883.83 crore in the year ended March 2024 as against Rs 776.76 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales246.70235.48 5 883.83776.76 14 OPM %10.4313.50 -10.1711.23 - PBDT28.4832.33 -12 98.9791.52 8 PBT25.0929.28 -14 85.5579.91 7 NP18.6722.55 -17 63.1959.29 7 Powered by Capital Market - Live News

Ador Welding will hold a meeting of the Board of Directors of the Company on 30 April 2024.Powered by Capital Market - Live News

Net profit of Ador Welding declined 16.26% to Rs 13.70 crore in the quarter ended December 2023 as against Rs 16.36 crore during the previous quarter ended December 2022. Sales rose 11.59% to Rs 221.54 crore in the quarter ended December 2023 as against Rs 198.53 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales221.54198.53 12 OPM %9.4012.10 - PBDT22.5925.09 -10 PBT19.2422.20 -13 NP13.7016.36 -16 Powered by Capital Market - Live News