GRUH Finance Limited Announces Audited Earnings Results for the Fourth Quarter and Year Ended March 31, 2018; Recommends Dividend for the Year Ended March 31, 2018
For the year, the company reported revenue from operations of INR 16,871.9 million against INR 14,873.9 million a year ago. Total income from operations was INR 16,871.9 million against INR 14,873.9 million a year ago. Profit before tax was INR 5,620.7 million against INR 4,420.0 million a year ago. Net profit after tax was INR 3,626.8 million against INR 2,966.5 million a year ago. Diluted earnings per share were INR 9.91 against INR 8.15 a year ago.
Net cash used in operating activities was INR 19,295.7 million against INR 17,107.6 million a year ago. Purchase of Fixed Assets was INR 48.1 million against INR 20.2 million a year ago.
The Board of Directors at its meeting held on April 14, 2018 have recommended a dividend of INR 3.30 per equity share of face value of INR 2 each for the financial year ended March 31, 2018.