It is a broadly described annual report of Lupin Limited in the year of 2016-2017. During the financial year, Total assets of the Company stood at Rs. 266,072.8 million. The Company’s sales clocked Rs. 171198.0 million as against Rs. 137578.7 million of the previous year, higher by 24%. Profit before interest, depreciation, and tax was higher at Rs. 45996.5 million as against Rs. 38705.4 million in the previous year. Profit before tax was Rs. 35348.9 million. The Company’s Net profit after sharing of profit from Jointly Controlled Entity and non-controlling interest was Rs. 25574.6 million, higher by 13%. The earnings per share of the Company for the year stood at Rs. 56.69.
The Board of Directors of the Company has recommended a dividend of Rs. 7.50 per equity share of Rs. 2/- each, absorbing an amount of Rs. 3386.8 million. Corporate tax on the proposed dividend is Rs. 689.5 million.
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