Apar Industries announced the cessation of Nina Kapasi (DIN: 02856816) as an Independent Director (Non-Executive) of the Company w.e.f. the closure of business hours on 29 May 2024.Powered by Capital Market - Live News

Apar Industries announced that the Board of Directors of the Company at its meeting held on 14 May 2024, has recommended a Final dividend of Rs.51 per share (i.e.510%), subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of Apar Industries declined 2.68% to Rs 236.22 crore in the quarter ended March 2024 as against Rs 242.73 crore during the previous quarter ended March 2023. Sales rose 9.36% to Rs 4432.57 crore in the quarter ended March 2024 as against Rs 4053.34 crore during the previous quarter ended March 2023.For the full year,net profit rose 29.38% to Rs 825.11 crore in the year ended March 2024 as against Rs 637.72 crore during the previous year ended March 2023. Sales rose 12.54% to Rs 16045.15 crore in the year ended March 2024 as against Rs 14257.84 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales4432.574053.34 9 16045.1514257.84 13 OPM %9.5110.46 -9.488.61 - PBDT353.09355.48 -1 1221.56958.90 27 PBT321.62328.20 -2 1105.85854.56 29 NP236.22242.73 -3 825.11637.72 29 Powered by Capital Market - Live News

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

The board of Apar Industries has approved establishment of a wholly owned subsidiary in Saudi Arabia in the name of Apar Industries Middle East. Powered by Capital Market - Live News