It is a broadly described annual report of Madras Rubber Factory Limited in the year of 2016-2017. During the financial year, Total assets of the Company stood at Rs. 14959.62 Crores. During the financial year ended 31st March 2017, the Company’s total income was Rs. 15,078 Crore as against Rs. 22,483 Crore in the previous 18 months period ended 31st March 2016. During the current year ending 31st March 2017, the earnings before interest and depreciation (EBIDTA) amounted to Rs. 2921 Crore as against Rs. 4686 Crore in the previous 18 months period ending 31st March 2016. The profit before tax for the year ended 31st March 2017 is Rs. 2066 Crore as compared to Rs. 3606 Crore in the previous 18 months period ended 31st March 2016. The net profit for the financial year was Rs. 1,451 Crore as against Rs. 2,474 Crore in the previous period. The Earnings per Share (EPS) of the Company for the year Rs. 3421.44. During the financial year, the Company’s Reserves and Surplus stand at Rs. 8,540.18 Crore.
The Board of Directors of the Company has recommended a final dividend of Rs. 54/- per share (@540%) on the paid up equity share capital of the Company for the Financial Year 2016-2017.
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