Annual Report 2016-2017 of Birla Corporation Limited

It is a broadly described annual report of Birla Corporation Limited in the year of 2016-2017. During the financial year, Total assets of the Company stood at Rs. 9,69,781.63 Crore. The Company’s total income was Rs. 512775.72 Crore during the year compared to Rs. 393898.03 Crore in the previous year. Profit before Depreciation increased to Rs. 23711.67 Crores compared to Rs. 23244.72 Crore in the previous year. The Company achieved a profit before tax of Rs. 23029.53 Crores (Previous year Rs. 20095.24 Crores). The Company’s profit after tax for the year was Rs. 21947.15 Crores as against Rs. 16773.07 Crores during the previous year. Earnings per share (EPS) of the Company for the year was at Rs. 28.50. The paid up Equity Share Capital as at 31^st March 2017 stood at Rs. 77.01 Crore.

The Board of Directors of the Company has recommended a dividend of Rs. 6.50 per share (i.e.@65%) on 7,70,05,347 ordinary shares for the year ended 31^st March 2017 aggregating to Rs. 60.24 Crores (including Corporate Dividend Tax of Rs. 10.19 Crores) as compared to Rs. 55.61 Crores (including Corporate Dividend Tax of Rs. 9.41 Crores) in the previous year.

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