It is a broadly described director’s report of ITC LImited in the year of 2004. During the financial year, The Company’s Gross Turnover for the year 2003-04 grew by over 7% to Rs. 11,815 Crores. Pre-tax profit increased by nearly 13% to Rs. 2,319 Crores, while Post-tax profit at Rs. 1593 Crores registered a growth of more than 16%. Earnings per Share for the year stand at Rs. 64.34. Cash flows from Operations were Rs. 2683 Crores during the year. The Company’s expenditure in foreign currency amounted to Rs. 447 Crores, comprising purchase of raw materials, spares, and other expenses at Rs. 346 Crores, and import of capital goods at Rs. 101 Crores.
The Board of Directors is pleased to recommend a dividend of Rs. 20.00 per share (previous year Rs. 15.00 per share) for the year ended 31st March 2004. The cash outflow in this regard will be Rs. 558.83 Crores (previous year Rs. 418.84 Crores) including Dividend Tax of Rs. 63.47 Crores (previous year Rs. 47.57 Crores).
More Annual/Director’s Report of ITC LImited:
- Director’s Report 2002 of ITC LImited
- Director’s Report 2003 of ITC LImited
- Director’s Report 2004 of ITC LImited
- Director’s Report 2005 of ITC LImited
- Annual Report 2006 of ITC LImited
- Annual Report 2007 of ITC LImited
- Annual Report 2008 of ITC LImited
- Annual Report 2009 of ITC LImited
- Annual Report 2010 of ITC LImited
- Annual Report 2011 of ITC LImited
- Annual Report 2012 of ITC LImited
- Annual Report 2013 of ITC LImited
- Annual Report 2014 of ITC LImited
- Annual Report 2015 of ITC LImited
- Annual Report 2016 of ITC LImited
- Annual Report 2017 of ITC LImited
