Annual Report 2016-2017 of PNB Gilts Limited

It is a broadly described annual report of PNB Gilts Limited in the year of 2016-17. During the financial year, Total assets of the Company stood at Rs. 456550.77 Crore. The share capital of the Company stood at Rs. 18001.01 Crore. The total Net worth of the company rose to Rs. 898.36 Crore as on 31^st March 2017 from Rs. 731.22 Crore as on 31^st March 2016. During the year, the net revenue from operations of the Company stood at Rs. 50054.47 lacs as against Rs. 34339.65 lacs. The Company posted a Profit before Tax of Rs. 25654.11 lacs as against Rs. 5147.23 lacs in FY 2015-16. Profit after Tax for FY 2016-17 stood at Rs. 16717.38 lacs vis-à-vis Rs. 3449.65 lacs in the previous fiscal. The Earnings per share (EPS) Basic and Diluted for the year was Rs. 9.29.

The Board of Directors of the Company has recommended a dividend of Rs. 2.50 (i.e. @25) per equity share (last year Rs. 1.10 per equity share) for the financial year ended 31^st March 2017.

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