It is a broadly described annual report of Balkrishna Industries Limited in the year of 2016-2017. During the financial year, Total assets of the Company stood at Rs. 5,75,298 lakhs. The Company achieved a Net turnover of Rs. 378830 Lakhs as against Rs. 327252 Lakhs during the previous financial year. Total Expenses of the Company for the year Rs. 2,98,171 Lakhs. The Earnings before Interest, Depreciation, and Tax (EBITDA) has increased to Rs. 138097 Lakhs from Rs. 98710 Lakhs during the previous financial year. The Company posted a profit before tax for the year Rs. 1,05,570 Lakhs. Profit after tax of the Company has increased to Rs. 71514 Lakhs from Rs. 43857 Lakhs during the previous financial year. The paid up Share Capital of the Company as on 31st March 2017 is Rs. 1933 Lakhs. The Earnings per share (EPS) of the Company for the year stood at Rs. 73.99.
The Board of Directors of the Company has declared and paid Interim Dividends of @275% (Rs. 5.50 per equity share) and pleased to recommend Final Dividend of Rs. 2.50 per equity share (@125%) for the year 2016-2017.
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