Annual Report 2005-2006 of Crompton Greaves Limited

It is a broadly described annual report of Crompton Greaves Limited in the year of 2005-2006. During the financial year, Total assets of the Company stood at Rs. 7972.46 million. The company has recorded a turnover of Rs. 27385.8 million for FY 2006, an encouraging growth of 27.2% over the turnover of Rs. 21527.8 million recorded last year. Operating profit of the Company for the year was Rs. 2326.2 million. Profit before Depreciation, Amortisation and Tax of the Company for the year Rs. 2389.8 million. The Company posted Profit before tax for the year Rs. 1948.0 million (an impressive increase of 56% respectively) compared to Rs. 1248.2 million in the previous year. During the year, the Company’s net profit stood at Rs. 1630.5 million (an impressive increase of 42% respectively) compared to Rs. 1147.9 million in the previous year. Earnings per share (EPS) of the Company for the year was at Rs. 31.14.

The Board of Directors of the Company has recommended a dividend of Rs. 2.50/- per equity share (@25%) aggregating to a total dividend payout of Rs. 149.3 million (including dividend tax) on 29^th March 2006.

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