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Novartis India Ltd.

BSE: 500672 Sector: Health care
NSE: NOVARTIND ISIN Code: INE234A01025
BSE 10:55 | 23 May 615.00 5.40
(0.89%)
OPEN

610.00

HIGH

620.00

LOW

600.20

NSE 05:30 | 01 Jan Novartis India Ltd
OPEN 610.00
PREVIOUS CLOSE 609.60
VOLUME 2365
52-Week high 698.00
52-Week low 579.00
P/E 19.38
Mkt Cap.(Rs cr) 1,519
Buy Price 615.00
Buy Qty 145.00
Sell Price 617.95
Sell Qty 11.00
OPEN 610.00
CLOSE 609.60
VOLUME 2365
52-Week high 698.00
52-Week low 579.00
P/E 19.38
Mkt Cap.(Rs cr) 1,519
Buy Price 615.00
Buy Qty 145.00
Sell Price 617.95
Sell Qty 11.00

Novartis India Ltd. (NOVARTIND) - Director Report

Company director report

Your Directors are pleased to present the Annual Report and the Audited Accounts forthe financial year ended March 31 2017.

Summary of the Financial Results

(` in million)
2016-17 2015-16
Revenue from operations* 6562.3 8061.7
Operating Profits
Profit before tax* 917.3 2716.7
Profit after tax* 572.2 1982.9
Other Comprehensive Income for the year 5.0 2.9
Balance brought forward from previous year 8143.7 6542.6
Available for appropriation
The Directors have made the following appropriations:
Dividend 319.6 319.6
Tax on distributed profits 65.1 65.1
Carry forward 8336.2 8143.7

* Includes continuing as well as discontinued operations.

Dividend

The Board has recommended payment of dividend at ` 10 per equity share of ` 5 each forthe financial year 2016-17. The dividend if approved by the members at the Annual GeneralMeeting ("AGM") will result in a cash outflow of ` 338.7 million includingdividend tax.