Annual Report 2007-2008 of Jaiprakash Associates Limited

It is a broadly described annual report of Jaiprakash Associates Limited (Jaypee Group) in the year of 2007-2008. During the financial year, Total assets of the Company stood at Rs. 230,779 Crore. Total income of the company for the year was Rs. 427,389 Lakhs as against Rs. 357,545 Lakhs in the previous year. The Company posted a profit before tax (PBT) for the year was Rs. 84,335 Lakhs (Previous year Rs. 61,991 Lakhs). Profit after taxation for the year Rs. 60,967 Lakhs as against Rs. 41,490 Lakhs in the previous year. The paid-up capital of the Company as at 31^st March 2008 stood at Rs. 2,34,30,44,834. The earnings per share (EPS) for the current year stand at Rs. 5.42.

The Board of Directors of the Company has declared two interim Dividends of @15% each on 14^th July 2007 and 12^th January 2008 for the financial year ended 31^st March 2008. The total dividend for the year would aggregate to @50% leading to pay out of Rs. 114.60 Crores (excluding tax on dividend of Rs. 19.47 Crores).

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