Khaitan Chemicals and Fertilizers Ltd reports FY21 earnings, recommends final dividend of Rs. 0.15

The Board of Directors of Khaitan Chemicals and Fertilizers Ltd has approved the Audited Financial Results for the year ended on March 31, 2021, in their meeting held on 12.05.2021.

The Company has posted a net profit of Rs.2,486.67 lacs for the year ended March 31, 2021 as compared to net profit of Rs.1,508.05 lacs for the year ended March 31, 2020. Total income has increased from Rs.43,937.95 lacs for the year ended March 31, 2020 to Rs.48,770.31 lacs for the year ended March 31, 2021.

The Board of Directors have declared interim dividends of Re.0.10 (10%) per equity share in its meeting held on November 2, 2020. The Board of Directors have also proposed to recommend a final dividend of Re.0.15 (15%) per equity share in its meeting held on May 12, 2021, taking the total dividend to Re.0.25 (25%) per equity share (face value of Re. 1/- per share) for the financial year 2020-2021, subject to approval of the Members of the Company in ensuing Annual General Meeting, previous year Re. 0.20 (20%) per equity share (face value of Re. 1/- per share).

Shares of KHAITAN CHEMICALS & FERTILIZERS LTD. was last trading in BSE at Rs.33.5 as compared to the previous close of Rs. 31.85. The total number of shares traded during the day was 687878 in over 3892 trades.

The stock hit an intraday high of Rs. 37.4 and intraday low of 32.3. The net turnover during the day was Rs. 23822467.

Source : Equity Bulls

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