Examples of Average Net Profit in a sentence
In case the Company fails to spend the 2% of the Average Net Profit (INR) of the last 3 financial years, the reasons for not spending the amount shall be stated in the Board report.
Average Net Profit of the Company for last three financial years.
Average Net Profit of the company for last three Financial Years :-The details of net profit for preceding 3 Financial Years for the purpose of computation of CSR Budget as per Section 198 of Companies Act, 2013 are as under- S.
Average Net Profit of the Company for last three Financial Years: ` 4,517.46 Lakh4.
During the year 2019-20, as the Average Net Profit of IFCI Limited for preceding 3 years was negative, IFCI was not required to allocate any amount for CSR activities for FY 2019-20, however, considering the recognition of IFCI brand in social development of the Nation, a token amount of `0.05 crore was allocated and transferred to ISF for carrying out CSR activities on behalf of IFCI.