Finance

Annual Report 2008-2009 of Ultratech Cement Limited

Annual Report 2008-2009 of Ultratech Cement Limited

It is a broadly described annual report of Ultratech Cement Limited in the year of 2008-09. During the financial year, Total assets of the Company stood at Rs. 6,466.66 Crores. The Share Capital of the Company stood at Rs. 124.49 Crores. The Company’s gross turnover of Rs. 7,160.42 Crores was up by 14% compared to Rs. 6,285.80 Crores achieved in the previous year. The Company posted Profit before Tax for the year Rs. 1,361.46 Crores. Profit after tax of the Company for the year stood at Rs. 977.02 Crores (Rs. 1,007.61 Crores) after providing for depreciation – Rs. 323 Crores (Rs. 237.23 Crores) and tax – Rs. 384.44 Crores (Rs. 499.40 Crores). Basic and Diluted Earnings per Equity Share for the year was Rs. 78.48.

The Board of Directors of the Company has recommended that the dividend is maintained at Rs. 5/- per equity share of Rs. 10/- each for the year ended 31st March 2009.