Annual Report 2016-2017 of Hinduja Ventures Limited

It is a broadly described annual report of Hinduja Ventures Limited in the year of 2016-2017. During the financial year, Total assets of the Company stood at Rs. 217,117.78 million. Total income for the financial year 2016-17 at Rs. 826.00 Crores was higher by 21.47% over last year (Rs. 679.98 Crores in 2015-16). EBIDTA and exceptional income/(expense) were Rs. 99.46 Crores as against Rs. 125.79 Crores in 2015-16. The Company posted Profit/(Loss) before tax for the year 2017 was Rs. (18,635.56) million (Previous year Rs. (5,258.45) million). Profit after tax (PAT) for the year was Rs. (20,390.87) million against Rs. (9,018.90) million in the previous year. The Earnings per share (EPS) basic & diluted for the year Rs. (27.54).

The Board of Directors of the Company has recommended a dividend of Rs. 17.50 per equity share (previous year Rs. 17.50 per equity share) i.e. @175% of the face value of Rs. 10/- each for the financial year ended 31^st March 2017.

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