It is a broadly described annual report of Gulf Oil Lubricants India Limited in the year of 2014-2015. During the financial year, Total assets of the Company stood at Rs. 56,450.95 Lakhs. Net Revenues for the year 2014-15 was Rs. 96,748.17 Lakhs as compared to Rs. 86,261.09 Lakhs in the previous year. The Company posted Profit before Tax (PBT) for the year was Rs. 11,603.88 Lakhs (Rs. 10,216.32 Lakhs in the previous year). After reckoning a tax liability of Rs. 668 Crores, Profit after Tax for the year was Rs. 7,740.96 Lakhs resulting in an Earnings Per Share (EPS) of Rs. 15.62 for the year. During the year, the Authorized share capital has increased to Rs. 9,96,44,980/- divided into 4,98,22,490 equity shares of Rs. 2/- each from Rs. 5,00,000/- divided into 50,000 equity shares of Rs. 10/- each.
The Board of Directors of the Company has recommended a final dividend of Rs. 3.50 (@175% on the Face Value of Rs. 2/- per share) per equity share for the year 2014-2015.
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