It is a broadly described annual report of Bhushan Steel Limited in the year of 2013-2014. During the financial year, Total assets of the Company stood at Rs. 5106074.42 Crore. Total revenue of the Company stood at Rs. 970494.51 Crore. During the year your Company has achieved the Gross sales of Rs. 10600Crore in comparison with previous year’s level of Rs. 11800 Crore. The Company posted Profit before Tax for the year Rs. 9533.43 Crore. During the year under review, the Company earned the profit after tax Rs. 6195.96 Crore as compared with previous year net profit of Rs. 90889.03 Crore. Basic and diluted earnings per share of the company for the year Rs. 2.23.
The Board of Directors of the Company has recommended the dividend of Rs.2.00 per share on 14,00,000 @2% Redeemable Cumulative Preference Shares proportionately from the date of allotment till 31st March 2014; Dividend of Rs. 0.50 per share on Equity Shares for the year ended 31st March 2014.
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