Notice Statutory Reports Company Overview Financial Statements 7 Rudolf Atul Chemicals Ltd | Annual Report 2018-19 Directors’ Report Dear Members, The Board of Directors (Board) presents the Annual Report of Rudolf Atul Chemicals Ltd together with the audited Financial Statements for the year ended March 31, 2019. 01. Financial results (` cr ) 2018-19 2017-18 Sales 82.95 75.11* Revenue from operations 83.72 75.83* Other income 0.84 0.72 Total revenue 84.56 76.55* Profit before tax 15.28 13.96 Provision for tax 4.55 4.92 Profit for the year 10.73 9.03 Balance brought forward 11.99 9.99 Transfer from comprehensive income - - Disposable surplus 22.73 19.02 Less: Dividend paid - 5.84 Dividend distribution tax (net) - 1.19 Balance carried forward 22.73 11.99 *Includes excise duty of ` 1.84 cr 02. Performance Sales increased by 13% from ` 73.27 cr to ` 82.95 cr mainly due to higher volumes (11%). PBT increased by 9% from ` 13.96 cr to ` 15.28cr. Theearningsper share increasedfrom ` 15.48 to ` 18.38. Cash flow from operating activities before working capital changes marginally increased by 9% from ` 13.92 cr to ` 15.20 cr and the net cash flow from operating activities increased substantially from ` 1.55 cr to ` 11.54 cr. 03. Dividend The Board recommends payment of dividend of ` 7.50 per share on 58,37,500 equity shares of ` 10 each fully paid up. The dividend will entail an outflow of ` 5.28 cr (including dividend distribution tax) on the paid-up equity share capital of ` 5.84 cr. 04. Conservation of energy, technology absorption, foreign exchange earnings and outgo Information required under Section 134(3)(m) of the Companies Act, 2013, read with Rule 8(3) of the Companies (Accounts) Rules, 2014, as amended from time to time, forms part of this Report which is given at page number 12. 05. Insurance The Company has taken adequate insurance to cover the risks to its employees, property (land and building), plant, equipment, other assets and third parties.
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