Shilchar Technologies Reports Strong Q4 Results, Announces Bonus Issue and Dividend

Shilchar Technologies Ltd has delivered robust financial performance for the March quarter, reporting significant growth in both revenue and profit. The company has also approved a bonus issue of equity shares and recommended a final dividend, reflecting its commitment to rewarding shareholders.  

Key highlights of the announcements:  
- The company reported a net profit of 553.6 million rupees for the March quarter, showcasing strong operational efficiency and profitability.  
- Revenue from operations for the same period stood at 2.32 billion rupees, driven by consistent demand and strategic business initiatives.  
- Shilchar Technologies has approved a bonus issue of equity shares, aimed at enhancing shareholder value and improving market liquidity.  
- A final dividend of 12.50 rupees per share has been recommended, underlining the company’s robust financial health and shareholder-centric approach.  

These developments underscore Shilchar Technologies’ strong market position and its focus on delivering value to investors while maintaining steady growth.  

Sources: Shilchar Technologies Investor Relations, Bombay Stock Exchange Filings, Economic Times, Moneycontrol, Screener

 

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