Annual Report 2007-2008 of Bharat Heavy Electricals Limited

It is a broadly described annual report of Bharat Heavy Electricals Limited in the year of 2007-2008. During the financial year, Total assets of the Company stood at Rs. 10869.39 Crore. During the year the turnover increased by 14.2% to Rs. 21401 Crore from Rs. 18739 Crore in the previous year. The Company posted the Profit before Tax for the year Rs. 4430 Crore. During the year under review, Profit after tax of the Company registered an increase of 18.4% to Rs. 2859 Crore as against Rs. 2415 Crore in the previous year. The Net worth of the company has gone up from Rs. 8788 Crore in 2006-07 to Rs. 10774 Crore in 2007-08 registering an increase of 22.6%. NAV per share, based on enhanced share capital, has increased from Rs. 179.5 in 2006-07 to Rs. 220.1 in 2007-08.

The Board of Directors of the Company has recommended a final Dividend of @62.5%, Rs. 306 Crore, for the year 2007-08. An interim dividend of @90%, Rs. 440 Crore, on the share capital of Rs. 490 Crore, has already been paid for the year 2007-08.

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