Annual Report 2016-2017 of Tata Steel

It is a broadly described annual report of Tata Steel in the year of 2016-2017. During the year, the income taxes paid during the year was Rs. 1,843 Crore as compared to Rs. 1,534 Crore during the previous year. During the financial year, The Company’s (Group) revenues increased to Rs. 1,17,420 Crore during the year compared to Rs. 1,06,340 Crore in the previous year which was a growth of 10.4% compared to the previous year. The earnings increase was much more significant with the EBITDA for the year at Rs. 17,025 Crore that was 114% over the previous year. Tata Steel Group profit after tax from continuing operations before exceptional items for the current year was Rs. 4,020 Crore as against the loss of Rs. 1,948 Crore during the previous year.

The Board recommended a dividend of Rs. 10/- per Ordinary Share on 97,12,15,889 Ordinary Shares of Rs. 10/- each for the year ended 31^st March 2017. (Financial Year 2015-16: Rs.8/- per Ordinary Share on 97,12,15,439 Ordinary Shares of Rs.10/- each).

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