BackPolyplex Corporation announces interim dividend of ₹100 per share
Record date for the purpose of payment of dividend has been fixed at February 19: Polyplex Corporation
PremiumThe board of Polyplex Corporation has declared payment of third interim dividend (Special) for the Financial Year 2020-21 of Rs.100 per share (of the face value of RS.10/- each), following a sharp jump in net profit in the December quarter.
Record date' for the purpose of payment of Third Interim Dividend for the Financial Year 2020-21 has been fixed as February 19, 2021.
Polyplex Corporation shares were up 14% at ₹859 in early trade today.
Polyplex Corporation is a PET film manufacturer and makes thin and thick PET film in a wide range of thickness and surface properties covering a spectrum of applications.
For the quarter ended December 31, Polyplex Corporation reported profit of ₹224 crore as compared to 123 crore in the same quarter of the previous year. Its revenue from operations rose to ₹1,237 crore in December quarter as compared to ₹1,091 crore in the year-ago period.
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