Annual Report 2007-2008 of Kirloskar Pneumatic Company Limited

It is a broadly described annual report of Kirloskar Pneumatic Company Limited (The Kirloskar Group) in the year of 2007-2008. During the financial year, Total assets of the Company stood at Rs. 1,283,176,890 million. The net sales grew by 13% during the year under review to Rs. 4028 million as compared to Rs. 3566 million in the previous year. Profit before tax of the Company for the year was Rs. 369,760,491 million as compared to Rs. 523,755,329 million last year. The Company earned Profit after tax for the year Rs. 298,384,437 million as compared to Rs. 434,262,747 million last year. The Earnings per Share (EPS) of Rs. 23.72 as compared to Rs. 33.70 last year.

The Board of Directors of the Company has recommended a dividend of @70% (Rs. 7/- per equity share of Rs. 10/- each) for the year ended 31^st March 2008.

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