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Abbott India Ltd.

BSE: 500488 Sector: Health care
NSE: ABBOTINDIA ISIN Code: INE358A01014
BSE 00:00 | 11 May 16193.55 91.10
(0.57%)
OPEN

16150.00

HIGH

16264.00

LOW

15701.00

NSE 00:00 | 11 May 16205.00 96.05
(0.60%)
OPEN

16108.95

HIGH

16250.00

LOW

15910.60

OPEN 16150.00
PREVIOUS CLOSE 16102.45
VOLUME 790
52-Week high 18450.00
52-Week low 13970.10
P/E 53.01
Mkt Cap.(Rs cr) 34,411
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 16150.00
CLOSE 16102.45
VOLUME 790
52-Week high 18450.00
52-Week low 13970.10
P/E 53.01
Mkt Cap.(Rs cr) 34,411
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Abbott India Ltd. (ABBOTINDIA) - Director Report

Company director report

MANAGEMENT DISCUSSION AND ANALYSIS TO THE MEMBERS

Your Directors have pleasure in presenting their Seventy-sixth Report and the AuditedFinancial Statements of the

Company for the financial year 2019-20.

FINANCIAL HIGHLIGHTS

(Rs. in Lakhs)

Particulars For the year ended March 31 2020 For the year ended March 31 2019
Sales of Products 405447 364030
Other Operating Income 3867 3830
Other Income 11439 11329
Total Income 420753 379189
Profit Before Tax 80269 69885
Profit After Tax 59293 45033
Retained Earnings and
Other Comprehensive
Income (OCI)
Balance brought forward 156749 130517
Profit After Tax 59293 45033
OCI arising from remeasurement of employee benefits (495) (209)
Dividend - FY 2018-19 (13812) --
Dividend - FY 2017-18 -- (11687)
Dividend Distribution Tax (2839) (2402)
Transfer to Reserves (5929) (4503)
Impact of Ind AS 116- (712) --
Leases (Net of Tax)*
Balance carried forward 192255 156749

*Under modified retrospective method.

DIVIDEND

Your Directors recommend a final dividend of Rs. 107/- and special dividend of Rs.143/- per share for the year ended March 31 2020 on 21249302 fully paid-upEquity Shares of Rs. 10/- each. The proposed dividend if approved at the AnnualGeneral Meeting will absorb a sum of Rs. 53123 Lakhs (Previous year : Rs. 16651 Lakhsincluding dividend Tax of Rs. 2839 Lakhs) The Corporate Dividend Tax is providedat the rate applicable on the day on which the accounts were approved by the Board ofDirectors. In view of the changes made under the Income-tax Act 1961 by the Finance Act2020 dividends paid or distributed by the Company shall be taxable in the hands of theShareholders. Your Company shall accordingly make the payment of the proposed dividendfor the year ended March 31 2020 after deduction of tax at source.

DIVIDEND DISTRIBUTION POLICY

Dividend Distribution Policy adopted by the Company in terms of requirementsunder the Securities and Exchange Board of India (Listing Obligations and DisclosureRequirements) Regulations 2015 is available on the Company's website athttps://www.abbott.co.in/investor-relations/policies.html The said Policy lays downvarious factors which are considered by the Board while recommending dividend forthe year.

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