It is a broadly described annual report of ITC LImited in the year of 2016. During the financial year, The Company’s Gross Revenue for the year grew by 3.2% to Rs. 51582.45 Crores. Profit before Tax registered a growth of 6.9% to Rs. 14958.39 Crores while Net Profit at Rs. 9844.71 Crores increased by 2.5%. Earnings per Share for the year stood at Rs. 12.26 (previous year Rs. 12.05). Cash flows from Operations aggregated Rs. 14079.07 Crores compared to Rs. 13534.65 Crores in the previous year. During the financial year 2015-16, The Company and its subsidiaries earned Rs. 4367 Crores in foreign exchange. The company’s expenditure in foreign currency amounted to Rs. 1672 Crores, comprising purchase of raw materials, spares and other expenses of Rs. 1461 Crores and import of capital goods at Rs. 211 Crores.
The Board of Directors is pleased to recommend a Special Dividend of Rs. 2.00 per share in addition to the Ordinary Dividend of Rs. 6.50 per share (previous year Rs. 6.25 per share) for the year ended 31st March 2016. Total cash outflow in this regard will be Rs. 8232.60 Crores including Dividend Distribution Tax of Rs. 1392.48 Crores.
More Annual/Director’s Report of ITC LImited:
- Director’s Report 2002 of ITC LImited
- Director’s Report 2003 of ITC LImited
- Director’s Report 2004 of ITC LImited
- Director’s Report 2005 of ITC LImited
- Annual Report 2006 of ITC LImited
- Annual Report 2007 of ITC LImited
- Annual Report 2008 of ITC LImited
- Annual Report 2009 of ITC LImited
- Annual Report 2010 of ITC LImited
- Annual Report 2011 of ITC LImited
- Annual Report 2012 of ITC LImited
- Annual Report 2013 of ITC LImited
- Annual Report 2014 of ITC LImited
- Annual Report 2015 of ITC LImited
- Annual Report 2016 of ITC LImited
- Annual Report 2017 of ITC LImited