Ram Ltd had 12,00,000 equity shares on April 1, 2011. The company earned a profit of 30,00,000
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Ram Ltd had 12,00,000 equity shares on April 1, 2011. The company earned a profit of ₹30,00,000 during the year 2011-12. The average fair value per share during 2011-12 was ₹25. The company has given share option to its employees of 2,00,000 equity shares at option price of ₹15. Calculate basic EPS and diluted EPS.
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Authors: M Hanif, A Mukherjee
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