Annual Report 2006-2007 of Kirloskar Pneumatic Company Limited

It is a broadly described annual report of Kirloskar Pneumatic Company Limited (The Kirloskar Group) in the year of 2006-2007. During the financial year, Total assets of the Company stood at Rs. 1,132,830,053 million. During the year under review, the net sales increased by 17% to Rs. 3,566 million (previous year Rs. 3,037 million). Profit before tax of the Company for the year was Rs. 523,755,329 million as compared to Rs. 122,241,119 million last year. After providing for income tax of Rs. 82 million, profit after tax was Rs. 434 million (previous year Rs. 107 million). The Earnings per Share (EPS) of Rs. 33.70 as compared to Rs. 8.26 last year.

The Board of Directors of the Company has recommended a dividend of @25% (Rs. 2.50/- per equity share of Rs. 10/- each) for the year ended 31^st March 2007.

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