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Ramco Industries Ltd.

BSE: 532369 Sector: Industrials
NSE: RAMCOIND ISIN Code: INE614A01028
BSE 10:02 | 19 Feb 176.75 0.40
(0.23%)
OPEN

180.00

HIGH

180.00

LOW

176.75

NSE 10:03 | 19 Feb 176.55 -0.30
(-0.17%)
OPEN

179.90

HIGH

179.90

LOW

176.05

OPEN 180.00
PREVIOUS CLOSE 176.35
VOLUME 70
52-Week high 220.15
52-Week low 160.00
P/E 23.04
Mkt Cap.(Rs cr) 1,532
Buy Price 176.35
Buy Qty 9.00
Sell Price 177.80
Sell Qty 9.00
OPEN 180.00
CLOSE 176.35
VOLUME 70
52-Week high 220.15
52-Week low 160.00
P/E 23.04
Mkt Cap.(Rs cr) 1,532
Buy Price 176.35
Buy Qty 9.00
Sell Price 177.80
Sell Qty 9.00

Ramco Industries Ltd. (RAMCOIND) - Director Report

Company director report

Your Directors have pleasure in presenting their 53rd Annual Report andthe Audited Accounts of the Company for the year ended 31st March 2018.

FINANCIAL RESULTS

For the Year ended 31.03.2018

For the Year ended 31.03.2017

Rs in lakhs

Rs in lakhs

Standalone

Standalone

Total Revenue

86695

82867

Operating Profit: Profit before Interest Depreciation and Tax (PBIDT)

13111

11647

Less : Interest

2163

3354

Profit before Depreciation and Tax (PBDT)

10948

8293

Less : Depreciation

2310

2148

Add : Exceptional items

1265

1168

Net Profit/ Loss before Tax (PBT)

9903

7313

Less: Provision for Taxation - Current

2338

1 342

- Deferred 8>

1914

864

MAT Credit Entitlement

(1554)

(881)

Net Profit / Loss after Tax (PAT)

7205

5988

Other Comprehensive Income for the year (Net of Tax)

672

602

Total Comprehensive Income for the year (TCI)

7877

6590

Movement of Retained earnings
Opening balance of Retained earning

10760

5672

Add: Profit for the year

7205

5988

Less: Dividend paid during the year

433

0

Less: Transfer to General Reserve

1100

900

Closing balance of Retained earnings

16432

10760

SHARE CAPITAL

The paid-up capital of the Company is ' 86663060/- consisting of86663060 shares of ' 1/- each.

The Company proposes to transfer an amount of ' 1100 lakhs to theGeneral Reserves. An amount of ' 16432 lakhs is proposed to be retained in the statementof Profit and Loss.

DIVIDEND

Your Directors at the Board Meeting held on 24.05.2018 have recommendedDividend of ' 0.50 per share on the Equity Capital of the Company for the year. For theprevious year the Company had paid a dividend of ' 0.50 per share which amounts to ' 433lacs. The recommendation of the dividend by the Directors is in accordance with the"Dividend Distribution Policy" of the company.

TAXATION

An amount of ' 23.38 crore towards Current Tax' 19.14 crore towardsDeferred tax and ' 15.54 crore towards MAT credit entitlement has been provided for theyear under review.