You are here » Home » Companies » Company Overview » L.P. Naval Engineering Ltd

L.P. Naval Engineering Ltd.

BSE: 537669 Sector: Others
NSE: N.A. ISIN Code: INE920P01019
BSE 00:00 | 14 Nov L.P. Naval Engineering Ltd
NSE 05:30 | 01 Jan L.P. Naval Engineering Ltd
OPEN 50.00
PREVIOUS CLOSE 50.00
VOLUME 3000
52-Week high 73.90
52-Week low 39.85
P/E
Mkt Cap.(Rs cr) 29
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 50.00
CLOSE 50.00
VOLUME 3000
52-Week high 73.90
52-Week low 39.85
P/E
Mkt Cap.(Rs cr) 29
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

L.P. Naval Engineering Ltd. (LPNAVALENGG) - Director Report

Company director report

TO THE MEMBERS.

Your Directors take pleasure in presenting the 7th Annual Report on thebusiness and operations of your Company together with the Audited Accounts for thefinancial year ended 31st March 2018.

FINANCIAL PERFORMANCE/ STATE OF AFFAIRS:

During the financial year ended 31 March 2018 your Company has recorded a totalrevenues of Rs. 10556212/- against Rs. 22648747/- in the previous year representinga decrease of 53.39%. During the year the company has incurred loss of Rs. 11316602/-due to decrease in gross revenue.

Financial performance of the Company for Financial Year 2017-18 is summarized below:

(Figure in rupees)

Particulars 2017-18* 2016-17*
Total Revenues 10556212 22648747
Expenses Before Depreciation & Amortization 19472811 20630253
Profit/ (Loss) Before Depreciation (8916599) 2018494
Less: Depreciation & Amortization 1521936 1285298
Profit/ (Loss) before Exceptional & Extraordinary items & tax (10438535) 733196
Less: Exceptional items 807894 --
Profit/ (Loss) before tax (11246429) 733196
Less: Tax Expenses
- Current Tax 184614
- Deferred Tax 69583 36875
- Income tax of earlier years 590 32107
Net Profit/ (Loss) For The Year (11316602) 479600
Amount Transferred to Reserves (if any) - --

* Figures regrouped wherever necessary.

DIVIDEND:

Keeping in mind the overall performance and outlook for your Company your Board ofDirectors recommend that this time the company is not declaring dividends as the companyhas made losses during the year. Your Directors are unable to recommend any dividendforthe year ended 31st March 2018

UNCLAIMED DIVIDEND: A

There is no balance lying in unpaid equity dividend account.

SHARE CAPITAL

The paid up Equity Share Capital of the Company as on March 312018 was Rs. 575.20Lacs. There has been nochange in the Equity Share Capital of the Company during the year.