ANNUAL PROFIT HITS `7,511 CR

FOR FY17,

MSIL posted net profit of Rs 7,511 crore, up 36.6 per cent, from Rs 5,497.2 crore in the previous fiscal

THE COUNTRY'S

largest carmaker also announced that the firm has earmarked `4,500 crore for capex purposes in the current financial year

THE COMPANY

sold 4.14 lakh vehicles in Q4 FY17, a growth of 15 per cent over the year-ago period

MSIL BOARD

also recommended a dividend of Rs 75 per share of face value Rs 5 for 2016-17, entailing a total outgo of Rs 2,726 crore inclusive of taxes