The board of directors of Sacheta Metals Limited meeting held on April 22, 2019, recommended dividend of 0.25 paisa per equity share for the fiscal year 2019, for the year 2018-19, subject to approval of members in the upcoming annual general meeting.

The company announced audited earnings results for the fourth quarter and year ended March 31, 2019. For the quarter, the company reported revenue from operations was INR 271.7 million against INR 203.9 million a year ago. Profit for the period was INR 9.6 million against INR 5.5 million a year ago. Basic and diluted earnings per share for the continuing operations was INR 0.51 against INR 0.29 a year ago.

For the year, the company reported revenue from operations was INR 969.7 million against INR 690.0 million a year ago. Profit for the period was INR 20.8 million against INR 18.7 million a year ago. Basic and diluted earnings per share for the continuing operations was INR 1.10 against INR 0.98 a year ago.