It is a broadly described annual report of Bhushan Steel Limited in the year of 2011-2012. During the financial year, Total assets of the Company stood at Rs. 3345086.75 Crore. Total revenue of the Company stood at Rs. 996875.19 Crore. The Gross sales of the Company have increased to Rs. 10793 Crore, registering a growth of 42% over previous year’s level of Rs. 7576 Crore. The Company posted Profit before Tax for the year Rs. 136522.59 Crore. During the year under review, the Company earned the profit after tax Rs. 102347.49 Crore as compared with previous year net profit of Rs. 100508.59 Crore. Basic and diluted earnings per share of the company for the year Rs. 47.78.
The Board of Directors of the Company has recommended the dividend of Rs. 10.00 per share on 26,26,667 @10% Redeemable Cumulative Preference Shares proportionately from the date of allotment till 31st March 2012; Dividend of Rs. 0.50 per share on Equity Shares for the year ended 31st March 2012.
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