Annual Report 2004-2005 of Crompton Greaves Limited

It is a broadly described annual report of Crompton Greaves Limited in the year of 2004-2005. During the financial year, Total assets of the Company stood at Rs. 723.31 Crores. A 16% increase in the gross sales from Rs. 1861.05 Crores in 2003-2004 to Rs. 2152.78 Crores in 2004-2005. The Company’s Operating Profit for the year was Rs. 175.59 Crores. Profit before Exceptional Items and Tax of the Company for the year Rs. 125.23 Crores (an increase of 50%). The Company posted Profit before tax for the year Rs. 124.81 Crores (39% increase) compared to Rs. 89.52 Crores in the previous year. During the year, the Company’s net profit stood at Rs. 114.78 Crores (62% increase) compared to Rs. 70.83 Crores in the previous year. Earnings per share (EPS) of the Company for the year was at Rs. 22.00.

The Board of Directors of the Company has recommended a dividend of Rs. 3.50/- per equity share (@35%) aggregating to a total dividend payout of Rs. 18.33 Crores (excluding dividend tax of Rs. 2.42/- Crores) on 22^nd March 2005; the Record Date for this purpose was 31^st March 2005.

More Annual Report of Crompton Greaves Limited: