Annual Report 2007-2008 of Crompton Greaves Limited

It is a broadly described annual report of Crompton Greaves Limited in the year of 2007-2008. During the financial year, Total assets of the Company stood at Rs. 21559.86 million. The company has reached Rs. 68,323 million (US$ 1,703 million) in 2007-2008, representing a 21% growth over the previous year and a three-year CAGR of 29%. Operating EBIDTA at Rs. 7,439 million (US$ 185.4 million) reflects a 54% rise over last year’s figures and a 3-year CAGR of nearly 52%. The Company posted Profit before tax for the year grew by 41% to Rs. 6,152 million compared to Rs. 4,360 million in the previous year. During the year, the Company’s Profit after tax increased by nearly 24% last year, has grown a further 43% during 2007-2008 to reach Rs. 4,098 million. Earnings per share (EPS) of the Company increased from Rs. 7.69 in 2006-2007 to Rs. 11.10 in 2007-2008.

The Board of Directors of the Company has recommended a dividend of Rs. 0.40 per equity share (@20%) aggregating to a total dividend payout of Rs. 171.55 million (including dividend tax) declared on 28^th March 2008.

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