It is a broadly described annual report of Gulf Oil Lubricants India Limited in the year of 2016-2017. During the financial year, Total assets of the Company stood at Rs. 73,126.70 Lakhs. The Revenue (Net) grew by 11.8 % to reach Rs. 1,13,106 Lakhs, up from Rs. 1,01,135 Lakhs in FY16. The Company posted Profit before tax for the year 2016-17 was Rs. 18,492.64 Lakhs (Previous year Rs. 15,326.26 Lakhs). EBIDTA reached Rs. 18,194 Lakhs, recording a growth of 13.4 % over Rs. 16,042 Lakhs in the previous year. Profit after tax (PAT) grew by 20.7% for the year was Rs. 12,107.73 Lakhs (Previous year Rs. 10,031.47 Lakhs) resulting in an Earnings Per Share (Basic) of Rs. 24.41 (Previous year Rs. 20.24).
The Board of Directors of the Company has recommended a final dividend of Rs. 5/- per equity share (@250% on the Face Value of Rs. 2/- per share) for the year 2016-17.
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