Annual Report 2007-2008 of TCFC Finance Limited

It is a broadly described annual report of TCFC Finance Limited in the year of 2007-08. During the financial year, Total assets of the Company stood at Rs. 657,844,558 million. The Share Capital of the Company stood at Rs. 104,821,290.00 million. The Company earned total income for the year was Rs. 3,328,373,337 Lacs. The Company has made a net profit of Rs. 1534.57 Lacs in the year under report as against Rs. 967.12 Lacs in the previous year. Earnings per share (EPS) has increased from Rs. 9.23 in the previous year to Rs. 14.64 in the current year.

The Board of Directors of the Company are pleased to recommend a dividend of @15% amounting to Rs.1.50 per equity share on 1,04,82,129 equity share of Rs. 10/- each for the financial year ended 31st March 2008.