Annual Report 2003 of Hindustan Unilever Limited

It is a broadly described annual report of Hindustan Unilever Limited in the year of 2003. The total amount of fixed deposits as of 31^st December 2003 was Nil. Deposits amounting to Rs. 16.53 Lakhs were unclaimed by depositors as at 31^st December 2003. During the financial year, The Company’s Gross turnover Rs. 11096,02 Lakhs. Net sales Rs. 10138,35 Lakhs. Profit before tax Rs. 2244,95 Lakhs. Net profit after tax for the year 2003 Rs. 1771,79 Lakhs. Net Turnover for the year increased by 1.8%. The continuing business turnover (after adjusting for disposals and discontinued businesses) recorded a growth of 4.3%.

The Board of Directors has recommended an interim dividend of Rs. 2.50 per share aggregating in all to Rs. 550.31 Crores was declared on 31^st July 2003 and paid on 28^th August 2003. A final dividend of Rs. 3.00 per share aggregating in all to Rs. 660.37 Crores was recommended on 17^th February 2004 and subject to the approval of the shareholders at the Annual General Meeting will be paid on 2^nd July 2004.

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