Annual Report 2006-2007 of Crompton Greaves Limited

It is a broadly described annual report of Crompton Greaves Limited in the year of 2006-2007. During the financial year, Total assets of the Company stood at Rs. 9819.10 million. The company has achieved a record turnover of Rs. 36599.8 million, during the year under review, as compared with Rs. 27385.8 million during the previous year 2005-06, representing a heartening growth of 33.6%. Operating profit of the Company for the year was Rs. 3,418.3 million. Profit before Interest, Depreciation, Amortisation, and Tax of the Company for the year Rs. 3,767.1 million. The Company posted Profit before tax for the year Rs. 3,070.0 million (an impressive increase of 57.6% respectively) compared to Rs. 1948.0 million in the previous year. During the year, the Company’s net profit stood at Rs. 1,923.7 million (an impressive increase of 18.0% respectively) compared to Rs. 1630.5 million in the previous year. Earnings per share (EPS) of the Company for the year was at Rs. 5.25.

The Board of Directors of the Company has recommended a dividend of Rs. 0.50 per equity share (@25%) aggregating to a total dividend payout of Rs. 208.99 million (including dividend tax) on 21^st March 2007; the Record Date for this purpose was 26^th March 2007 and the Interim Dividend was paid on 5^th April 2007.

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