It is a broadly described annual report of Weizmann Forex in the year of 2016-2017. During the financial year, Total assets of the Company stood at Rs. 28,411.17 Lakh. The Share capital of the Company stood at Rs. 1,156.44 Lakh. During the year, The Company has achieved a profit before tax of Rs. 3,703.90 Crore, which is higher than the previous year’s achievement of Rs. 3,509.23 Crore. The Profit after Tax for the year 2016-17 is Rs. 23.01 Crore, which is higher by 5.21% than previous year’s results of Rs. 21.87 Crore. The paid up Equity Share Capital of the Company as on 31st March 2017 was Rs. 11,56,43,570/-.
The Board of Directors of the Company has recommended a Dividend of @30% i.e. Rs. 3.00/- per Equity Share for the financial year ended 31st March 2017. (Previous year: Interim Dividend of @75% i.e., Rs. 7.50/- per Equity Share has given in March 2016 was declared as the final dividend).
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