Annual Report (Directors Report) 2006-2007 of Havells India Limited

It is a broadly described annual report (directors report) of Havells India Limited in the year of 2006-2007. During the financial year, Total assets of the Company stood at Rs. 3,303.23 million. The turnover of the Company has increased by more than 50% from Rs. 11,151.37 million in the last Financial Year to Rs. 16,810.58 million in the current financial year. The Company posted Profit before tax for the year under review amounted to Rs. 1,205.41 million as compared to Rs. 785.08 million in the previous year. This year, the Company has crossed the Net Profit figure of Rs. 1000 million. The Net Profit of the Company has increased by more than 60% from Rs. 632 million in the previous year to Rs. 1022 million in Current Year. Earnings per share (EPS) of the Company for the year Rs. 19.002.

The Board of Directors of the Company has recommended a final dividend of @50% for the year 2006-2007 i.e. Rs. 2.50/- per equity share on fully paid up equity shares of Rs. 5/- each.

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