Annual Report 2003-2004 of Crompton Greaves Limited

It is a broadly described annual report of Crompton Greaves Limited in the year of 2003-2004. During the financial year, Total assets of the Company stood at Rs. 684.40 Crores. An 8% increase in the turnover from Rs. 1726.39 Crores in 2002-2003 to Rs. 1861.05 Crores in 2003-2004. The Company’s total income for the year was Rs. 1738.34 Crores. Profit before Exceptional Items and Tax of the Company for the year Rs. 83.69 Crores. The Company posted Profit before tax for the year Rs. 89.52 Crores compared to Rs. 37.20 Crores in the previous year. During the year, the Company’s net profit stood at Rs. 70.83 Crores (151% increase) compared to Rs. 28.17 Crores in the previous year. Earnings per share (EPS) of the Company for the year was at Rs. 12.41.

The Board of Directors of the Company has recommended a Final Dividend of Rs. 4/- per equity share (@40%) for the year under review. The total Dividend for the year amounts to Rs. 7/- per equity share (@70%).

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