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During the quarter, profit before tax stood at Rs 30.73 crore as against Rs 42.45 crore posted in same quarter last year, registering a decline of 27.61%.
For the full year, net profit rose 9.24% to Rs 107.94 crore while net sales rose 12.86% to Rs 1079.93 crore in the year ended March 2023 over the year ended March 2022.
Net cash from operating activities stood at Rs 121.35 crore in the year ended March 2023, higher than 47.54 crore in the year ended March 2022.
The board recommended final dividend of Rs 3.50 per equity share.
The board also approved re-appointment of Ravishankar Sharma as an executive director of the company for the period of 3 years with effect from 1st May 2023.
Apcotex Industries is engaged in the business of synthetic emulsion polymers.
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