It is a broadly described annual report of CEAT Limited in the year of 2017-2018. During the financial year, Total assets of the Company stood at Rs. 5,16,099 Lacs. The Company recorded net revenue from operations (net of excise duty) of Rs. 6,23,077 Lacs with a growth of 8% over Rs. 5,76,651 Lacs (net of excise duty) for the last fiscal. The Company posted Profit before tax for the year at Rs. 36,732 Lacs as against Rs. 46,565 Lacs in the previous financial year. The Company recorded a net profit of Rs. 23,797 Lacs, a decrease of 34% over the net profit of Rs. 36,115 Lacs of the last fiscal. The earnings per share of the Company for the year Rs. 58.83.
The Board of Directors of the Company has recommended a dividend of Rs. 11.50/- per equity share of Rs. 10.00 each (i.e. @115%) for the financial year ended 31st March 2018.
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